Achieving this certification conveys to BPM’s customers and suppliers that the company adheres to a robust baseline level of cybersecurity. Research from the University of Portsmouth indicates that implementing the basic security controls mandated by the Cyber Essentials Scheme could prevent over 80% of cyber-attacks affecting UK businesses, highlighting the significant protective impact of achieving this certification.
Moreover, this certification enhances BPM’s eligibility to bid for UK public sector contracts, as many require compliance with the Cyber Essentials scheme, especially where handling of sensitive information and technical services is involved. This not only opens new avenues for business growth but also boosts BPM’s reputation within the government sector
In addition to these benefits, Cyber Essentials certification may lead to reduced insurance premiums, as compliance with the scheme demonstrates a proactive approach to reducing cyber threat exposure. This compliance can qualify organisations for free cyber insurance, potentially saving substantial costs
The Cyber Essentials scheme also drives improvements in efficiency and productivity by providing a comprehensive overview of an organisation’s security defences, thereby allowing teams to focus on core business growth while maintaining robust security practices
Attaining this certification is also a mark of industry respect. It signifies that BPM is serious about data protection, enhancing trust with partners, suppliers, and customers, particularly when handling sensitive financial and medical information. This level of trust and data integrity is essential for maintaining and enhancing BPM’s credibility and competitive edge
Furthermore, compliance with the Cyber Essentials scheme is vital for establishing trust with vendors in the supply chain, as it reassures them of the safety and integrity of their data when engaging with BPM
Lastly, Cyber Essentials certification helps organisations like BPM to avoid potential fines related to the General Data Protection Regulation (GDPR). In the event of a data breach, having this certification indicates to the Information Commissioner’s Office (ICO) that necessary precautions and systems were in place, thereby significantly reducing the likelihood of hefty penalties
This achievement is a testament to BPM’s dedication to maintaining the highest standards of cyber security, and it underscores the company’s ongoing commitment to protecting its digital infrastructure, client data, and overall business operations from cyber threats.