KPMG Enterprise has launched a cyber security service tailored to the needs and resources of smaller and mid-tier businesses
The streamlined package of cyber controls has been developed by the professional services firm in response to the increased targeting of smaller businesses by cyber criminals, due to their relative lack of cyber defence and resulting vulnerability.
The ‘Accelerated Security’ service is designed to help SMEs and mid-tier companies to protect themselves from cyber attack, through a series of cyber pre-packaged defence controls that don’t require significant IT resources to implement. It can be put in place in weeks and is available at a fixed price.
The package also enables organisations to achieve certifications such as the government’s ‘Cyber Essentials’ scheme.
Martin Tyley, KPMG Enterprise Cyber partner, says: “It’s increasingly important that smaller businesses, which have not historically considered themselves to be a target for cyber crime, develop resilient cyber defences. We are seeing attackers focus on businesses with lower levels of cyber maturity as large corporates, the more traditional targets, enhance their protection.
“In fact, any organisation that holds valuable data is a target for hackers, which can be hard to stomach for a business which has previously stayed below the radar. This realisation can leave some companies struggling to achieve their aspirations without feeling exposed to cyber security risk – a concern our new package addresses.”
KPMG also warns small and mid-tier businesses that it’s not ‘just’ the impact a cyber breach can have on their operations, customer relationships and reputation that should be on their radar: “The government is increasingly considering failure to protect customer data to be a public interest breach and the Information Commissioner’s Office (ICO) is fining organisations up to £500,000 for breaching the Data Protection Act. Suffering a customer data loss can trigger an ICO investigation, risking a financial penalty that can really hurt a smaller business,” said Tyley.
For information about KPMG’s cyber services visit kpmg.com/uk/cyber
Alison Anderson, KPMG Press Office
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KPMG Press office: +44 (0) 207 694 8773
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KPMG LLP, a UK limited liability partnership, operates from 22 offices across the UK with approximately 12,000 partners and staff. The UK firm recorded a turnover of £1.9 billion in the year ended September 2014. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 162,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.