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67% of UK-based firms feel cyber security worries prevent new tech adoption

Over two-thirds (67%) of British companies feel that cyber security concerns prevent them from adopting new technology to grow their business faster. That’s according to a new report from EY based on a survey of 175 C-Suite executives at UK-based organisations. Cloud...
Posted On 26 Aug 2019
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Equistone Partners Europe agrees to acquire perimeter protection specialist Heras

Equistone Partners Europe, one of Europe’s leading mid-market private equity firms, has agreed to acquire Heras from CRH plc. Heras, which is headquartered in Oirschot in the Netherlands, is a leading provider of perimeter protection solutions. The financial terms of the...
Posted On 31 Jul 2019
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Social media and mobile apps “least trusted” digital platforms for keeping personal data secure

According to the results of EY’s latest Technology, Media and Telecommunications (TMT) research, which is based on a survey of 2,500 respondents, UK consumers are most sceptical of social media and apps when it comes to their personal data security. When asked which types of...
Posted On 10 Jun 2019
Josh Lefkowitz
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Bringing Security Intelligence to the Board

Data breaches are costly. According to a recent study conducted by The Ponemon Institute, the average breach costs an organisation $3.86 million. A separate study found that, although the share price of breach-affected companies shows its sharpest drop 14 days after the breach is...
Posted On 29 May 2019
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“UK Boards of Directors don’t understand cyber threat” suggests Government’s Cyber Governance Health Check

The latest Government Cyber Governance Health Check has revealed that the top UK Boards still don’t understand the impact of a cyber attack on their business. Fewer than one-in-five Boards can claim to understand the impact of loss or disruption associated with cyber...
Posted On 13 Mar 2019
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Vulnerability to cyber attacks “poses biggest risk to businesses adopting 5G in UK”

UK businesses are most concerned about the susceptibility of 5G to cyber attacks according to EY’s latest Technology, Media and Telecommunications (TMT) research. 40% of respondents are worried about 5G and cyber attacks while a similar percentage (37%) are cautious over the...
Posted On 20 Feb 2019
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CMA’s attempt to improve UK audit market “risks putting the cart before the horse” warns ICSA

ICSA: The Governance Institute has expressed concerns that the UK audit market will not improve unless issues of education, training and trust are first addressed. The Institute also believes that the statutory audit services update paper published by the Competition and Markets...
Posted On 19 Dec 2018
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“Progress made on corporate reporting, but there’s still room for improvement” states EY

The rhetoric around the new Corporate Governance Code and related legislation is already having a positive impact on corporate reporting in the FTSE 350, despite not officially coming into force until January next year. EY’s analysis of 100 annual reports from FTSE 350 companies...
Posted On 28 Sep 2018
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The Security Institute’s View

The security profession is at a Rubicon in its development and maturity as a component of the modern business structure. The evolution from the protection of physical assets to providing a more holistic ‘all-hazards’ approach to security risk management has been a...
Posted On 22 Jun 2018
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“No improvement in corruption within businesses” reports EY’s Global Fraud Survey

The scale of bribery and corruption has shown no improvement globally since 2012, despite the unprecedented level of enforcement activity enacted and the introduction of new corporate criminal liability laws in that time. This is according to the 15th EY Global Fraud Survey,...
Posted On 27 Apr 2018