A new ‘Cyber Security for Business’ programme has been launched, which will include UK businesses receiving advice on how to defend against and reduce risk of cyberattacks

The new programme is expected to be the vanguard of a new governmental policy to play a proactive role in increasing the security of UK businesses against IT risks.

A report released at the start of last year placed the annual cost of cybercrime to the UK economy at £27 billion. There have also been reports of increasing state funded cyber espionage against UK businesses.