SME’s Economic Recovery in the UK “At Risk” Without Cybersecurity Policies

Most businesses don’t have IT security departments. Many don’t even have an IT department. If they do it might be just a solitary, overworked individual called Terry/Teresa. So, Vodafone’s report comes as no surprise. Interesting to see the reliance on the NCSC as a defender of all of us…:

Vodafone has called on the UK Government to support small and medium enterprises (SMEs) with cybersecurity policies to aid recovery from Covid-19.

In a statement, the company suggested a series of actions that the Government should consider to support SMEs across the country.

This includes introducing a reduced 5% VAT rate on cybersecurity products and additional resources to be provided to the National Cyber Security Centre (NCSC) to boost support through the pandemic.

Vodafone’s announcement comes after data from its new “Protecting our SMEs: Cybersecurity in the new world of work” report indicated that SMEs have faced substantial difficulties during the pandemic. Almost a quarter of SMEs say they could “not continue to operate” following a cyberattack.

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