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Nominations open for British Business Awards 2023

9 May 2023

Nominations have opened for the 2023 British Business Awards.
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Independent retailers look to loyalty schemes to keep up with supermarkets

9 May 2023

Independent retailers are racing to keep up with rivals and retain customers as the battle for loyalty intensifies among supermarkets.
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Government urged to reinstate Tax Free shopping with UK Retailers missing out as sales surge across Europe

9 May 2023

The European retail sector has enjoyed its best month for international spending on Tax Free goods since the end of the pandemic after sales surged by 40% month on month in March 2023, taking... Read more…

Consumers feel protective of independent shops and want to support them for their ‘social good’

27 Apr 2023

New research has found that consumers feel protective of independent shops and want to support them for their ‘social good’.
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Worldwide retailers seeking new ways to attract shoppers as spending slows

26 Apr 2023

Europe's cost of living crisis has benefited discount retailers, but mid-market names are being squeezed as shoppers watch their spending, executives and analysts at an industry conference said... Read more…

Competition launches for indie retailers to win prizes to help with rising energy bills

25 Apr 2023

Birds Eye has launched a new competition to give ten independent retailers the chance to win a variety of prizes that will help them with rising energy bills.
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Retailers gets ready to share their Coronation windows

25 Apr 2023

Bromley in Kent is just one area in the UK where retailers and their customers are coming together to celebrate the Coronation on May 6th.
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Shop Watch scheme launched in Nottinghamshire town centre

13 Apr 2023

A project to enhance community safety and clamp down on shoplifting and anti-social behaviour across Kirkby in Ashfield has been launched by Ashfield District Council and Nottinghamshire... Read more…

Starmer launches five-point plan to breathe new life into high street

13 Apr 2023

Cutting business rates and energy bills, plus eradicating late payments are among measures in a new plan announced by Labour leader Sir Keir Starmer to “get our high streets thriving... Read more…

Government launches energy bill cut plan for small businesses

12 Apr 2023

The government has launched a new campaign aimed at helping businesses, charities and public sector organisations reduce their energy bills.
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Cyber security only prioritised by businesses after a data breach, DCMS reports

Posted on in Business News, Cycles News

Government research has revealed that UK businesses only begin to appreciate the importance of cyber security once the business has sustained a “serious” attack.

The observations have been included in a paper published by the Department for Culture, Media, and Sport (DCMS), which has been investigating cyber-attacks on UK businesses.

Half of the participants involved in the interviewing process conducted by the DCMS said senior leaders recognised that cyber security threats were real only after the business had been attacked.

Common observations among businesses were that senior leaders were not as engaged with security as a priority, and some didn’t fully understand the scale of the threats or the cultural transition required to meet the growing challenge.

Senior management and board members became markedly more engaged with cyber security because of their respective breaches and have since “demonstrated more serious intent” to improve the organisation’s cyber posture, though.

The improvements were observed across all different types of businesses that spoke to the DCMS as part of its research.

Every business that has a dependency on computer systems to transfer or store data is exposed to cyber risks, in today’s world this is much of every business.

A comprehensive cyber insurance protects your business from the effects of social engineering, ransomware attacks, cyber extortion, data breaches, fines & penalties, business interruption, first party & third-party liability.

ActSmart have worked with insurance specialists Butterworth Spengler for over 30 years to provide the ideal insurance solution. Cyber insurance provides comprehensive cover for data restoration, reinstatement or even re-creation if it is lost or corrupted.

To get a FREE cyber insurance quote use the form below or phone Butterworth Spengler on 0151 494 4400.

Read more on the Cyber Insurance service page.

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