What Are the Benefits of Cyber Essentials?
Cyber Essentials is run by the UK government and has become the standard by which the UK government holds all of its supply chains to account. You will therefore be aligning your business with the most recognised national standard.
Time, Money and Resources
With a high-level view of your Cyber Security, you can iron out any inefficiencies in your practices and maximise productivity as your team will have more time on their side.
Cyber Essentials can help you get there if you pursue government tenders and contracts. Cyber Essentials is a minimum certification level requirement for any organisation looking to obtain government contracts (including the Ministry of Defense and Health), especially in the private sector.
Marketing Through Security
Obtaining Cyber Essentials can make a big difference when your organisation tries to get cyber insurance. The brokers will likely be more inclined to offer you a reduced premium as they can see your organisation is cyber safe and making every effort to protect its data.
As much as your business provides a service, you’ll also utilise them yourselves – you are a client to someone. With that in mind, think how reassured you’d feel if that service was able to demonstrate to you that they care about looking after your data and keeping it secure. You’d likely appreciate their work even more than you do currently.
You want your clients to know that you take Cyber Security seriously. This begins with letting them know that you’re making a conscious effort to protect their information. Before you know it, you’ll have built a tremendous amount of trust in your client relationships and enhanced your reputation in your industry. When your clients are happy, they’ll tell people about it – and who knows, those people might want to come to you for your services too.
Some organisations do not care about Cyber Security, and they believe it is not a priority or even a concern altogether. It’s an unfortunate way of thinking and doesn’t stand in this day and age.
With the Cyber Essentials certification, you can quickly demonstrate that you care about data and differentiate yourself from competitors who have yet to prioritise their Cyber Security. By showcasing the Cyber Essentials logos on your website and collateral, you put your organisation among businesses that can demonstrate they care about their data.
The UK must comply with GDPR (General Data Protection Regulation), and businesses must abide by this and the UK’s own Data Protection Act. It’s vital to comply with both of these for numerous reasons. Most importantly, though, your business or organisation could be liable to pay up to 4% of your turnover if breached.
If you are not Cyber Essentials Plus certified, the Information Commissioner’s Office (ICO) can very quickly conclude that you did not implement enough measures to protect the data you hold. By having the Cyber Essentials Plus certification, you could be prevented the fine, as they would have been able to see you were trying to protect your data.