Risky Business: How can SMEs be better protected against cyberattacks?

Small and medium sized businesses, from local shops to start-ups, are the backbone of our economy. The Covid-19 pandemic has accelerated the digitisation of many SMEs – often without the necessary cybersecurity measures in place to protect their businesses. Yet with more and more people working from home, and increasing levels of business conducted online, SMEs are also under greater threat of cyberattacks. A new study conducted by Vodafone finds that over 1.3 million SMEs across the UK could go out of business in the event of a cyberattack. Our economy can’t afford this. With the current National Cyber Security Strategy expiring this year, we have a chance to build on the UK’s world leading cyber industry to invest in new technology and skills, help businesses protect themselves and raise cybersecurity awareness.

Vodafone and Demos explored the role Government and industry can play in ensuring the UK’s small businesses are better protected online.

Panellists included:

  • Matt Warman MP, Minister for Digital Infrastructure at the Department for Culture, Media and Sport(invited)
  • Mike Cherry, Chair of the Federation of Small Businesses
  • Anne Sheehan, Director, Vodafone Business UK
  • Polly Mackenzie, Chief Executive, Demos (Chair)

Watch the event here: