Tech Nation has recently released its annual report on the digital sector within the UK, featuring a glowing report of Worcester and Malvern. Dubbed the ‘frontline of the Government’s cyber security strategy’, Worcester and Malvern were identified as a key digital and tech cluster in the UK.
In the past twelve months Worcester and Malvern created 7,687 digital jobs, 72 new start-up companies and has contributed £239 million GVA from the digital sector, the county is making great contributions
to the UK’s online safety. The announced funding of £1.9billion from the UK Government is also partly being invested into the National Cyber Security Strategy, with much of the work taking place at Malvern Hills Science Park and the Wyche Innovation Centre. The National Cyber Skills Centre is a key hub for the county as well as the Malvern Cyber Security Cluster that currently represents more than 80 local businesses within the sector and with added funding could see even more innovation and security emerge from the county.
As increasing numbers of high profile companies have experienced data breaches and attacks, it is even more important for smaller businesses to protect themselves against the ongoing threats of cyber-crime. The average estimate of breaches cost anywhere between £75,000 to £311,000 for SME’s and between £1.45 – £3.14 million for larger organisations, a figure that can be reduced with the right protection. Increasing numbers of SME’s are being targeted due to the lack of protection that they have in place, leaving not only their data at risk but also customer data.
To find out more about our services and how we can help local businesses with cyber security, please do not hesitate to get in contact with our knowledgeable team on 01684 377980.