Beckett Investment Management Group has achieved certification in the Government’s Cyber Essentials programme which aims to mitigate the risk from common internet-based threats. It is one of the first financial services firms to have successfully implemented the security controls in the scheme.
“Attaining the Cyber Essentials certification badge shows that our company has been tested through the scheme’s assurance framework,” said Ian White, Managing Director at BIMG. “It demonstrates how serious we are about cyber security and helps our clients feel confident that their data is safe.”
The Cyber Essentials scheme was developed as part of the UK Government’s National Cyber Security Programme and the Assurance Framework is designed to provide a means for clients to distinguish between organisations that are implementing cyber security controls from those that are not.
Government figures released last year indicated that the costs associated with the most severe online breaches can reach up to £310,000 for small businesses. “The costs could be even higher for financial firms,” said Ian. “Cyber security is one of the most significant and growing risks firms like ours face.”