The National Cyber Security Centre Annual Report

This week, the National Cyber Security Centre (NCSC) released its annual report, which highlights the key achievements and milestones in cyber security over the past year while addressing future challenges.

The NCSC, a part of GCHQ, is the UK’s technical authority for cyber security. Since its establishment in 2016, it has aimed to make the UK the safest place to live and work online, providing clarity and insight in an increasingly complex digital landscape.

The 2024 report emphasises the importance of digital technology in driving growth, innovation, productivity, improved public services, and overall prosperity for organizations and businesses.

However, it also warns of ongoing threats from hostile states and cybercriminals seeking to exploit our reliance on technology, which underpins all aspects of modern life. From ransomware attacks to AI-enabled intrusions, malicious actors are intensifying their disruptive efforts in a more interconnected world.

The report underscores the critical need for all organisations to incorporate cyber security into their business strategies.

Dr Richard Horne, CEO of the NCSC, stated, “We need all organisations—public or private—to view cyber security not only as an essential foundation for their operations but also as a driver for growth. Cyber security should not be regarded as just a ‘necessary evil’ or compliance function; it is a business investment, a catalyst for innovation, and an integral part of achieving their objectives.”

Additionally, the report highlights the advantages of implementing security measures.  Research from insurers indicates that organisations are 92% less likely to file a claim on their cyber insurance if they have established security controls, such as Cyber Essentials.

Click here to read the full report.

TecSec provides small and medium-sized enterprises (SMEs) with a comprehensive range of advanced cyber security solutions designed to secure and protect your business from all angles as well as help drive growth and innovation within your business. We offer 24/7 monitoring to identify suspicious behaviour, along with an incident response service that minimises the impact of potential threats. Additionally, we provide security awareness training to empower your employees.

Unlike standard IT providers, TecSec is a certified Cyber Adviser recognised by the National Cyber Security Centre (NCSC). We are also a licensed certification body for Cyber Essentials, Cyber Essentials Plus, and IASME Cyber Assured Levels One and Two. Our certified assessors are equipped to help businesses achieve compliance and meet necessary regulatory requirements.

If you want to enhance your business’s cyber security or have your IT monitored and managed by qualified security professionals, please feel free to contact us.

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