At a recent debate, Cyber Crime: The next threat?, hosted by the think-tank Parliament Street, leaders from the UK’s cyber security industry hashed out what the industry could be doing to fight cybercrime more efficiently
According to a report by the UK Government in 2018, there were between 30,000 and 40,000 staff employed in the UK’s cyber security sector; with over 800 firms providing cyber security products based in the country.
But while these numbers are encouraging, cybercrime remains rampant. Last year’s Cyber Security Breaches Survey found that 43% of businesses had reported cyber security breaches or attacks within the previous 12 months of the study. This figure rose to seven in 10, or 72%, among large businesses.
All this begs question; is the UK’s cyber security industry doing enough to fight cybercrime?
The industry faces