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 1. Security


THE ROLE OF CYBER SECURITY IN THE UK’S TECH RENAISSANCE

Features
By Gavin Mee
published June 14, 2024

As the UK aims to be a tech superpower by 2030, robust cyber security is crucial
to protect against increasing threats to emerging technologies and critical
infrastructure

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commission. Here’s how it works.


(Image credit: Getty Images)


As the UK executes its plan to become a technology and scientific superpower by
2030, cyber security will be critical in helping the country achieve this
target.



Emerging technologies like artificial intelligence (AI), quantum computing, and
the Internet of Things (IoT) are rapidly transforming all sectors of the UK
economy, bringing several exciting opportunities for economic growth and
prosperity.



These technologies also present numerous risks, however, as new advancements
introduce a spectrum of potential vulnerabilities and attack vectors that, if
exploited, could result in significant disruption.

From ransomware attacks crippling vital services to nation-state espionage
targeting government institutions, the cyber threats facing the UK are
wide-ranging and continuously evolving. Organizations of all sizes need to have
a strategy in place to protect their assets and defend themselves against new
and emerging threats.

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THE ONGOING THREAT FACING THE UK’S MOST VITAL INFRASTRUCTURE  

One of the biggest cyber threats facing the UK is attacks on its critical
national infrastructure (CNI). According to the National Cyber Security Centre
(NCSC), this type of infrastructure, which is responsible for providing us with
electricity, transport, internet connectivity, and safe drinking water, among
other things, is under an “enduring and significant threat” from nation-state
proxies.





(Image credit: Getty Images)

Channel partners, vendor trust, and client expectations

A recent report from Palo Alto Networks and ABI Research found that over
three-quarters (76%) of UK industrial organizations have reported being the
victims of cyber attacks on a monthly, weekly, and, in some cases, even daily
basis. In addition, more than one in four (27%) UK industrial firms reported
having to shut down their operations at least once in the past year due to a
successful attack.

Research by the NCSC shows the UK is the third-most targeted country by cyber
attacks, behind the USA and Ukraine, with increasing geopolitical tensions
leading to a rise in nation-state attacks, particularly from threat actors based
in countries such as China, Iran, Russia, and the DPRK. 


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Policy and are aged 16 or over.

As digitalization within industries accelerates, the emergence of new technology
applications and the rapid evolution of AI are broadening the attack surface,
particularly in critical industries and infrastructure, increasing their
vulnerability to sophisticated cyber threats. 

This has been evidenced by high-profile international incidents, including
attacks against Colonial Pipeline and the Irish Health Service Executive, as
well as incidents in the UK such as those against South Staffordshire Water,
Royal Mail International, and even one impacting NHS 111. 

There’s also a growing risk of disruption as a result of cyber attacks on
suppliers, who may have weaker security and thus present an attractive
opportunity for adversaries. 

Threat intelligence research from Unit 42 spotlights how OT environments have
become an attractive target for threat actors. It found that in 2023, the UK’s
manufacturing industry was most vulnerable to ransomware attacks, being victim
to almost a fifth (17%) of all ransomware attacks. 

As cybercriminals become more sophisticated, innovative and persistent, the
software supply chain, in particular, is also coming under significant attack.

If infiltrated, software supply chains provide direct access to privileged
credentials, proprietary codebases, sensitive data, and infrastructure for
crypto mining, ransomware, and more, making them particularly attractive targets
for cybercriminals.

According to Gartner, 45% of organizations worldwide will have experienced
supply chain cyber attacks by 2025, and UK businesses are no exception.
Protecting their supply chains is a key area of focus for UK organizations of
all sizes.


WHY THE UK IS INCREASINGLY ATTRACTIVE FOR CYBER SECURITY ORGANIZATIONS

Most businesses now recognize the importance of effectively managing their cyber
risk in an increasingly dynamic threat landscape. This is especially true in the
UK, where evidence indicates UK organizations are subject to a higher frequency
of attacks compared to their international counterparts. For instance, research
from Unit 42 puts the UK just behind the US as the country with the
second-highest number of victims reported by ransomware leak sites in 2023.



(Image credit: Getty Images)

Strengthening channel partnerships and fortifying defenses in the technology
sector

Most businesses now recognize the importance of effectively managing their cyber
risk in an increasingly dynamic threat landscape. This is especially true in the
UK, where evidence indicates UK organizations are subject to a higher frequency
of attacks compared to their international counterparts. For instance, research
from Unit 42 puts the UK just behind the US as the country with the
second-highest number of victims reported by ransomware leak sites in 2023.

Given its status as a leading global financial and economic center, the UK
invariably attracts the attention of threat actors. Acknowledging this reality,
the UK government has emerged as one of the most forward-thinking global leaders
in terms of cyber security strategy and policies. This proactive stance is
anchored in the country's National Cyber Strategy, which demonstrates a deep
understanding of the critical importance of robust cyber security measures.

The strategy sets a series of objectives intended to achieve the Government’s
vision, which is that in 2030 the UK will continue to be a leading responsible
and democratic cyber power, able to protect and promote its interests in and
through cyberspace in support of national goals.

It takes a ‘whole-of-society’ approach to cyber security, arguing that to
improve the UK’s resilience to cyber attacks, the government will need to work
in partnership with private sector organizations and the cyber security
profession.

One of the basic aims of the strategy is to shift the burden of cyber security
from individual citizens to the organizations best placed to manage cyber risks.
This is key in creating an environment where cyber security is front-of-mind for
businesses, and it provides a significant opportunity for cybers security
partners to demonstrate their value to businesses by helping them manage these
risks and protect them from the ever-evolving threats that they face.

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(Image credit: Snyk)

Identify areas of weakness within your AppSec program

The government and organizations across the UK recognize that, in order to reap
the benefits of new technologies, a robust cyber security strategy is critical.
Coupled with a vibrant technology ecosystem, a world-class talent pool, and some
of the best universities in the world, the UK is a highly attractive place for
companies like Palo Alto Networks. 

The UK is one of the most enticing countries globally for technology investment.
It is home to a world-class pool of talent, some of the best universities in the
world, and over three million people currently working in the UK technology
industry. In addition, the UK’s rapidly growing technology sector has helped
foster a culture of entrepreneurship and innovation, which has enabled the UK to
become one of the most attractive in Europe for investment and the third most
attractive worldwide, according to Government figures.

Combined with strong, structural demand for cyber security partners with local,
UK expertise - particularly given the rising cyber threats businesses of all
sizes face - this makes the UK an increasingly attractive destination for cyber
security organizations to establish and develop their presence, helping the
country achieve its ambition of becoming one of the world’s leading
technological and scientific superpowers.

Gavin Mee
Social Links Navigation
VP EMEA West & North, Palo Alto Networks

A senior leader with more than 20 years' experience in the tech sector, Gavin
serves as Vice President EMEA West & North at Palo Alto Networks, the global
cybersecurity leader. Gavin's passion lies in helping others be successful,
including customers, partners, and employees. 

More about security

Cyber firm KnowBe4 unknowingly hired a North Korean hacker – and it went exactly
as you might think



NCSC Active Cyber Defence 2.0 refresh looks to tailor services to the security
market and threat landscape


Latest

The UK is dealing with a chronic data skills shortage – and it’s costing the
economy billions each year

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