As part of the UK government’s current review of cyber security incentives and regulations, the Department for Digital, Media, Culture and Sport has launched a call for evidence on improving cyber-security.
The review is looking at how the UK government can help organisations protect themselves online and aims to:
- understand the barriers which prevent organisations from improving their cyber security;
- understand the effectiveness of existing regulations and guidance; and
- develop a range of policy proposals to address any gaps.
The DCMS is encouraging industry and other stakeholders to help it understand the apparent lack of strong commercial rationale for investment in cyber security. The UK government would like to understand how using market levers could provide incentives for better cyber security risk management, including what government action would help key industry groups that manage market risk, such as investors, the insurance industry, consultancies, and audit firms, drive improvements across the economy.
The DCMS also seeks evidence on how it can help industry better manage cyber risk, for example, by providing better information on how secure organisations are, or greater information sharing on the cost and likelihood of cyber-attacks.
The consultation ends on 20 December 2019.
