Our cyber security products span from our next gen SIEM used in the most secure government and critical infrastructure environments, to automated cyber risk reporting applications for commercial and government organisations of all sizes.
Each year the UK’s NCSC, like many other intelligence and government agencies, releases a report on the year – its activities and successes, the challenges and changing environment. The report is available here and a summary is also available.
For NCSC this year’s report comes at an interesting time. The war in Ukraine has brought cyber security into sharp focus as Russian land and air assault has been accompanied by a wide range of cyber-attacks on Ukraine and its western allies.
The scourge of ransomware may not be rising at its earlier peaks, but it is still a primary focus for businesses and cyber security insurance providers. Good controls mean less risk.
The regulatory picture continues to vary across the globe as laws on privacy, corporate governance, communications and network protection adapt to the changing world.
The NCSC report is divided into three areas, but across all these, there is one undeniable trend that is evident: Cyber security is growing, and in every direction.
Some examples of NCSC’s achievements and updates are given below.
The threat landscape is broadly recognised as being a dynamic and expanding terrain. New attacks, new technologies, new ways to monetise attacks, state sponsored attacks based on geopolitical motivations, are all factors we have to deal with.
The NCSC report highlights several ways in which they have had to increase their advice and guidance to account for this growing problem:
Resilience refers to the ability of businesses and systems to survive and contain or minimise the impacts of a cyber-attack; to avoid what could be an easily detected and solved problem turning into a major crisis.
Here again, the numbers of incidents and the scale of increases in these makes some chilling reading:
Finally, NCSC reported some facts on the ecosystem, as they refer to it. The commercial, professional, service provision and educational establishments that play a role in cyber security. This is less relevant to individuals and companies per se, but does highlight the continued growth in the scale of problem-solving capability (in direct response to the growing problem).
They point to an increase in cyber security companies (up 24%) i.e. vendors, MSSPs, consultants etc.
There are now 63 certified/approved postgraduate/graduate university courses available in the UK.
Investment in NCSC-supported cyber security start-ups increased from £100m to £422m.
As stated above, this report is a summary of, and “round of applause” for, the work done by NCSC itself. The underlying picture however, is of a growing problem, and an industry and profession and solution space that is growing in parallel.
Three things seem clear:
Although this report focusses on the UK, it is also fair to assert that this same picture is repeated in other nations’ cyber security industries – Australia, United States, New Zealand Canada and across Europe in particular.
As cyber risks increase, organisations are encountering the longer life cycle of insurance renewals and the need to demonstrate better management of security controls and their effectiveness.Read more
Highlights and insights from the recent Managed Services Summit in London & the ISACA Central Chapter Conference on Digital Trust, in Birmingham, UK. With two recent conferences in the space of three days, some interesting challenges were very evident in the topics discussed. Being very different events, the challenges were quite different, but interestingly they […]Read more
In early August 2023, the latest joint advisory on persistent vulnerabilities was issued by the intelligence and security agencies of the “Five-eyes” community. These joint advisories are becoming more common. Perhaps recognising the growing importance of shared security information and the common nature of many of the threats faced – the weight they carry makes […]Read more
The quality of your risk assessment and the security information it provides is important; if you plan to use it to actively manage your operational and cyber resilience activities. Organisations are constantly exposed to a rapidly changing threat environment, so you really need a similarly rapid evidence-based feedback system that informs you of the ongoing […]Read more
The UK market has its own regulators, security standards and challenges. And while rulings from SEC in the US or the Australian Prudential Regulation Authority (APRA) in Australia don’t apply to UK companies, for the most part, the observations are undoubtedly relevant and the resulting advice instructive. It would be wrong to think UK financial […]Read more
<<< Part 2a: Australia’s Essential Eight: Beyond Endpoint Control <<< Part 2b: Activating UK NCSC & US NIST Guidelines: Beyond Endpoint Control Part 4: Systematic Measurement of Cyber Controls >>> As much as we invest into cyber security controls, external threats are inevitable. In a recent Notifiable Data Breaches Report from the Office of the […]Read more
Keen campers, scouts and even the Swiss Army know – that a good penknife is indispensable. This simple device has mitigated many a disaster at one point in time or another. Whether it’s to cut through a bit of string, tighten a screw or simply to solve the problem of no bottle opener in the […]Read more
Supply chain risk is an area of cyber security that demands the ongoing attention of every enterprise; because it can make the difference between being resilient or not. It’s no surprise that insurers warn that the vulnerability of supply chains is potentially a systemic risk that can quickly propagate across supply chain dominated industries. Organisations […]Read more
It took a “tripartite cyber assessment” by the Australian Prudential Regulation Authority (APRA) to identify that a sample of financial organisations had inadequate cyber security: poor security control management, a lack of business recovery planning and inadequate 3rd party risk assessment. Why were there gaps? Where is the failure? Clearly the common practice of unsubstantiated […]Read more
The discussion over data-driven vs qualitative cyber security assessment has been going for some time. Nowadays, it is at the top of the priority list for many security and senior executive teams. Managing cyber security has always been a noble ambition but without reliable measurement, the lack of actionable information makes evidence-based management decisions almost […]Read more
Read by directors, executives, and security professionals globally, operating in the most complex of security environments.