News
Sep
8
Mid-market businesses continue to neglect cyber-security
Posted by Tom Hassan on 08 September 2017 03:17 PM

Despite the crippling impact of a cyber breach, the mid-market remains complacent

UK mid-market organisations are ill-equipped to mitigate today’s increasingly complex threat landscape, according research by Node4. The survey shows that 63 per cent of IT decision makers say that security is a top priority; but 25 per cent of mid-market companies don’t even have basic anti-virus protection and up to 67 per cent don’t have intrusion detection in place.

The consequences of inadequate threat management and lack of visibility into the network could have far reaching consequences; and as a crucial sector powering the UK economy, the mid-market should be innovating in security, not failing to implement even the most basic tools.

“Reports of high profile casualties are commonplace, but the threat landscape isn’t one that is only relevant for large enterprises; it’s a critical issue for every organisation. Today, every organisation must assume it is a target. Recent events have raised even more alarms. A cyber breach can cripple a big organisation, but mid-market ones should not remain complacent” Steve Nice, Security Technologist, Node4 said.

Similar researched conducted by Node4 last year revealed that 41% of IT decision makers didn’t know how many intrusions or security breaches their organisation had suffered in the last 12 months; and 46% were concerned about the lack of security for their IT infrastructures. According to the ‘Mid-Market IT priorities 2017’ report, only 54% have data-encryption capabilities and as few as 33% have intrusion detection software. It is clear that despite IT managers in mid-market companies listing the cyber-threat as a priority, firms are not taking action quickly enough.

“It is worrying that, despite IT managers in mid-market companies agreeing that security is a key priority, most firms are still failing to put the necessary measures in place. Many mid-market companies believe that they are not at risk because they aren’t big players. Cyber criminals know it, and are quick to exploit the fact that so many smaller organisations are complacent. The result is a big rise in the volume, complexity and intensity of attacks on mid-market businesses,” added Nice.

As IT architectures are becoming more heterogeneous, and threat vectors are increasing in number and complexity, guarding critical systems can pose an impractical resource commitment on behalf of mid-market organisations. For this reason, Node4 offers a managed security service, N4Secure, that combines the expertise of cybersecurity specialists with top-of-the-range monitoring systems to detect and fight unseen security breaches and mitigate incursions before they appear.


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Jun
7

Node4 announces the opening ceremony of a new office and Security Operations Centre (SOC) in Nottingham. The new midlands base cements Node4’s three-year plan to substantially grow the business.

The Nottingham office enables Node4 to expand its geographic presence in the Midlands and tap into a dynamic city that offers a strong base of potential customers and employees. Node4’s Security Operations Centre and its dedicated team of security experts will also move to Nottingham, where it will provide 24/7 monitoring for the company’s Managed Security Service clients, as well as Node4’s own network infrastructure.

Andrew Gilbert, CEO at Node4 commented: “Our brand-new Nottingham office is indicative of our future growth plans and ongoing commitment to our existing customer-base. We have been working with customers from Nottingham for many years now, and as our business continues to grow, the necessity to ensure local support on the ground has increased. Nottingham-based businesses will benefit from localised customer support and technical expertise across the region, allowing us to serve existing customers in the best possible way as well as attract new ones.”

 


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Apr
20

IT budget outlook is bright, with 77% of mid-market companies saying IT budgets will rise in 2017

Mid-market companies are bucking the UK trend, with 77% expecting a rise in 2017 IT budgets, according to a new report published today by Cloud and Data Centre and Communications specialist, Node4. ‘Mid-market IT priorities 2017’ reveals 35% of IT decision makers in the mid-market expect budget rises of 5-10%, while a further 22% anticipate a hike of over 10%, against a backdrop of shrinking IT budgets in the UK as a whole.

The research examines the attitudes of 200 IT decision makers at mid-market companies with a turnover of £15- £800m. It found that business growth, security and reducing operational costs are the top three IT priorities for the UK’s mid-market sector in 2017. It also revealed that hosted and cloud-based services will take a significant share of mid-market IT budgets in 2017, with Infrastructure as a Service (20%) and Managed Security as a Service (16%) being the top two cloud spending priorities for the year, followed by Managed Services (12%) and Disaster Recovery as a Service (11%).

However, confidence in the mid-market’s general financial outlook is not quite so strong, as just 18% of mid-sized businesses claimed to be optimistic about their organisation’s fortunes in 2017. Almost a third (31%) emphasised the difficulties presented by a looming Brexit and an overwhelming 81% agree that weathering Brexit is a high or medium priority this year.

The mid-market sector believes the government, the financial sector and IT partners should be doing more to support this increasingly crucial sector of the UK economy, with the report revealing that 36% believe their needs are overlooked by government policy makers; 34% struggle to attract investment and a quarter feel their needs are overlooked by IT providers.

Paul Bryce, Business Development Director, Node4, comments: “Mid-tier companies are the engine of the UK’s economy, so it is promising to see investment taking place in the IT infrastructure that will help to fuel further growth. It is no surprise that mid-market companies are embracing the cloud, which affords a huge opportunity to drive efficiency, agility, scalability, and to empower workforces.

“Despite the current challenging business climate, the mid-market is the fastest growing sector in the UK economy, and policy-makers, investors and IT vendors alike should focus on enabling this growth. Fast-growing companies need to work with an IT partner that can help their infrastructure scale to embrace new staff, locations, and acquisitions. Node4 has helped many companies cope with such growth and we will continue to focus on the fast-growing mid-market in 2017.”

The new report by Node4 entitled ‘Mid-market IT priorities in 2017: How mid-market companies are investing in IT to drive growth in a challenging business climate’ can be downloaded here.


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Jul
6
Node4 Has Earned The Prestigious Cyber Essentials Certification.
Posted by Billy Law-Bregan on 06 July 2016 02:46 PM

Node4’s brand new industry report ‘IT Security: The Evolving Threat Landscape’ has been launched.

Get insight into the attitudes and precautions adopted by UK IT Decision Makers regarding their systems and infrastructure, absolutely free, along with information on common security practices and recommendations. Click HERE:


We are pleased to announce that Node4 has been awarded with the Cyber Essentials certification. Cyber Essentials is a cyber security standard, which certifies that an organisation has measures in place to mitigate the risk from common Internet based threats.

In 2012, HM Government launched the 10 Step to Cyber Security guide to raise awareness and put cyber security on top of the agenda for all organisations. Feedback received from experts was that security controls were still not being implemented effectively. The Government then reacted and created a new certification as none of the existing standards for cyber security met the requirements. The main aim is to reduce the basic cyber risks and to make the UK a safer place to operate online.

From 1st of October 2014 all suppliers bidding for government contracts where sensitive information is involved, must hold this certification.

The scheme focuses on Internet-originated attacks against an organisation’s IT system. It provides a clear statement of the basic controls all organisations should implement to mitigate the risk, within the context of the Government’s 10 Steps to Cyber Security. There are five essential mitigation strategies:

  • Boundary Firewalls and Internet Gateways
  • Secure Configuration
  • Access Control
  • Malware Protection
  • Patch Management

Organisations that achieve this certification prove that they take cyber security seriously and assure clients and third parties that have basic protection in place from the most prevalent forms of threats coming from the Internet.

See our certification here.


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