Cyber Vulnerability tool launched to protect UK businesses

A unique digital self-assessment tool has been launched to help businesses better understand and manage their susceptibility to cyberattacks.

Developed by national audit, tax and advisory firm Crowe Clark Whitehill, in collaboration with the Centre for Counter Fraud Studies at University of Portsmouth, the free-to-use Cyber Vulnerability Scorecard allows businesses of all sizes to complete an online questionnaire and receive a bespoke risk report, identifying weaknesses in their systems and offering pre-emptive solutions.

Cybercrime and fraud are among the nation’s most common criminal offences, with new threats to businesses emerging and evolving all the time. Where they do occur, breaches can be exceptionally costly, not only in terms of the financial impact, but also in terms of reputation, where sensitive data is concerned. In many cases, losses from fraud have been irrecoverable, putting organisations at serious risk of bankruptcy.

The Cyber Vulnerability Scorecard consists of 23 self-assessment questions and can be accessed via: www.croweclarkwhitehill.co.uk/cyber-vulnerability-scorecard/

Jim Gee, Partner and Head of Forensic, Cyber and Counter Fraud Services at Crowe Clark Whitehill LLP comments:

“Fraud and cybercrime can and does affect businesses of all sizes. Indeed, one of the most common mistakes that business owners make is believing that they are not of a significant enough size to be attractive to cyber criminals. But it is often the case that smaller enterprises are at greater risk of being targeted, especially where their systems might not be as secure as they could be.

“Cyber criminals target businesses to steal and extort money and also to steal personal and financial information about employees, clients and suppliers. An organisation’s vulnerability to cybercrime depends on its attractiveness to cyber criminals, potential damage a breach would cause, and its level of cyber security and resilience. A business that understands its cyber vulnerabilities is better equipped to protect itself.”

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