AI APPLICATIONS
“Getting the cyber security fundamentals right is more important than ever before ”
CYBERSAFE ’ S OZ ALASHE
are happening in SMEs and start-ups because of that fact , they are not well known and therefore not as protected . For this reason , attackers tend to use them as the entry point to build a chain of hotspots .” he explains .
However , he does see many students who go on to launch start-ups who are worried about the cost because all insurance companies are now asking for Cyber Essentials Plus . Despite it being around since April 2020 , it has become important because of the hefty fines that can be imposed if breaching GDPR , Muttukrishnan says .
“ The minimum average fine is £ 150,000 , so in this respect , it would be better to spend , say , £ 20,000 than lose customer data and pay much more in fines . On top of that , there is reputational damage to consider .
The importance of planning and risk assessment in digital transformation With digital transformation as it is right now and its implementation accelerating across
60 October 2021