Cy­ber busi­nesses need to en­sure they are pro­tected

Buckinghamshire Advertiser - - COMMUNITY -

WHEN vis­it­ing lo­cal com­pa­nies in the Bea­cons­field con­stituency, I am aware that of­ten global ex­ports and earn­ings by our ex­porters may no longer in­volve goods be­ing phys­i­cally shipped from place to place.

The dig­i­tal mar­ket­place and econ­omy is a grow­ing part of the UK in­dus­try.

In fact, it is grow­ing three times faster than the over­all econ­omy and it al­ready em­ploys more than a mil­lion peo­ple.

One pound in ev­ery £5 earned by our Bri­tish in­dus­tries come from in­ter­net trans­ac­tions.

With that ex­pan­sion, though, comes a risk of cy­ber threats.

Coun­ter­ing such threats was a fea­ture of the re­cent trade ini­tia­tive when the prime min­is­ter vis­ited the United States.

A spe­cial cy­ber se­cu­rity en­voy has been ap­pointed and will be based at the Bri­tish Em­bassy, in Wash­ing­ton, to help the UK’s small busi­nesses and those which are first time ex­porters.

There is also an up­dated gov­ern­ment pub­li­ca­tion, ‘10 Steps to Cy­ber Se­cu­rity’, which con­tains de­tailed in­for­ma­tion on how busi­nesses can pro­tect them­selves from cy­ber crim­i­nals.

Of course UK com­pa­nies are ca­pa­ble of pro­vid­ing cy­ber se­cu­rity mea­sures and of pro­vid­ing th­ese to other busi­nesses, whether within this coun­try or to over­seas en­ter­prises too.

The UK cy­ber se­cu­rity sec­tor is worth more than £6bil­lion and it em­ploys 40,000 peo­ple in this coun­try. The growth in cy­ber se­cu­rity ex­ports grew by 22 per cent dur­ing 2013 – from £850 mil­lion to more than £1 bil­lion that year.

The tar­get is for the busi­ness gen­er­ated by this sec­tor to dou­ble to £2bil­lion by 2016.

Com­pa­nies seek­ing in­for­ma­tion about im­proved cy­ber se­cu­rity can con­tact the Busi­ness Sup­port Helpline, the Busi­ness Growth Ser­vice and www.great­busi­ness.

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