The Department for Digital, Culture, Media and Sport (DCMS) has launched a call for evidence as part of its review of cyber security incentives and regulations.
The department is looking for information and data on the barriers to taking action on cyber security, the information which would help organisations invest in the issue, and what more organisations and the Government could do to stimulate more effective cyber risk management.
Digital Minister Matt Warman (pictured) said: “Good cyber security is an absolute necessity but recent research shows less than a fifth of company boards understand the impact associated with cyber threat. I hope this review will encourage the industry to think about what government could do to help and what incentives might encourage firms and businesses to manage their cyber risk.
“By driving cyber security improvements across the whole economy we can help make the UK the safest place to live and do business online.
“We welcome input from all types of organisations in all sectors, especially organisations that influence and set market expectations, such as membership bodies, consultancies, auditors, insurers, investors, corporate and risk governance bodies, regulators and professional associations.”
The review is aimed at helping the Government to understand the barriers which prevent organisations from improving their cyber security, and the effectiveness of existing regulations and guidance.
This should feed into the development of policy proposals to address any gaps.