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The British government this week took another step toward implementing a national cybersecurity organization to be called the National Cyber Security Centre (NCSC) and will be focused on urging UK businesses to more aggressively work on safeguarding their data and systems.
The announcement of the NCSC comes shortly after the release of a study by the CGI Group and the Centre for Economics and Business Research (CEBR) that found that UK boards of directors have not made cybersecurity a focus, particularly boards of telecommunications companies.
The NCSC will begin working with the Bank of England to provide specific cybersecurity advice for the financial sector as one of its first tasks.
Robert Hannigan, director of the UK’s Government Communications Headquarters (GCHQ) said, “Given the industrial-scale theft of intellectual property from our companies and universities, as well as the numerous phishing and malware scams that waste time and money, the National Cyber Security Centre shows that the UK is focusing its efforts to combat the threats that exist online.”
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Erin is the managing editor of Advisen’s Front Page News. She has been covering property-casualty insurance since 2000. Previously, Erin served as editor-in-chief of The Standard, New England’s Insurance Weekly. Erin is based in Boston, Mass. Contact Erin at [email protected].
