Protecting your business against cyber crime is a journey, not a destination. The constant evolution of cyber threats means that protection levels and education for staff is a continued journey for smart businesses.
Putting security systems in place is a great start but the safety of a companies' systems and data against cyber crime is also dependent on the behaviour of staff and their effective cyber security education.
This is particularly relevant for the local financial companies as new recommendations from the Guernsey Financal Services Commission that businesses are expected to conduct themselves responisbly in the cyber environment, which primarily means protection and education. Wider than individual businesses, this is to ensure the Channel Islands remain a safe and trusted jurisdiction in which to do business. The new EU data protection legislation also states any companies doing business in the EU will face a potential fine of up to 4% of global turnover for data breaches.
Read more about the journey of cyber security in this article, published in Blue Skies Magazine.