NCSC warns of “significant and growing” cyber threat

The new National Cyber Security Centre and the National Crime Agency this week issued a warning about the “significant and growing” cyber threat to UK businesses.

According to their joint report, The Cyber Threat to UK Business, “the UK has been hit by 188 high-level attacks which were serious enough to warrant NCSC involvement” in the three months since the NCSC was created, and “the past year has been punctuated by cyber attacks on a scale and boldness not seen before.”

The report explains that there are three features that underpin current cyber threat trends:

  • technical expertise is not necessary to carry out attacks
  • a broadening attack surface leads to more opportunities for attackers
  • threat actors are learning from, and using one another’s skills and capabilities

These factors “amount to a significant cyber threat to UK business.”

Worse, the threat can easily be mitigated. Indeed, “most commonly exploited vulnerabilities in 2016 were well known” and organisations were leaving themselves “unnecessarily vulnerable”.

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“Cyber security”, as the report notes, “is most effective when integrated well with risk management.”

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