The Cyber Resilience Pledge is launching today, in response to a massive rise in the threat landscape – with UK businesses now under near-constant cyber-attack. In fact, the NCSC reports cyber crimes to occur every six seconds, costing organisations £14.7 billion annually. Over 60 businesses, including Nationwide, Microsoft and Cloudflare, have already committed to the pledge in an attempt to strengthen cyber defences against the evolving threat landscape.
Businesses across Britain are widely signing up to Cyber Resilience Pledge as ministers urge firms to strengthen cyber defences.
However, for rapidly expanding industries like the IoT, resilience becomes more complex. As organisations digitise, their most critical functions increasingly depend on connected devices and IoT infrastructure. This growing reliance expands the threat surface and demands a new level of vigilance, especially with AI entering into every aspect of industry.
“AI is making cybercrime faster, cheaper and easier to scale – but the bigger issue is how dependent our economy has become on connected devices, which often sit beyond the traditional view of IT,” said Iain Davidson, Head of Product Marketing at Wireless Logic. “With regulations like the UK Cyber Security and Resilience Bill and the EU’s upcoming Cyber Resilience Act pushing even more accountability to any organisation manufacturing or selling connected devices, security cannot stop at the design stage of the device or launch. Instead, it must span across the whole lifecycle. Engineering and product teams must plan for all obligations they are responsible for – vulnerability management, firmware updates, patch deployment, breach disclosure, incident response, none of which are one-time activities. As a result, organisations really can’t afford to treat device security as someone else’s problem. While Cyber Essentials and early warning tools are sensible foundations, real resilience comes from the ability to act quickly whenever something changes.”
