Minister Urges Businesses to Take Cyber Security Seriously

Price Mann • October 22, 2025

Minister Urges Businesses to Take Cyber Security Seriously

Download

Act now to protect your business from one of the UK’s fastest-growing threats


Security Minister Dan Jarvis has called on business leaders to take immediate action to strengthen their cyber resilience, warning that cybercrime remains one of the most significant threats to the UK economy.


Speaking at the launch of the National Cyber Security Centre’s (NCSC) 2025 Annual Review, Jarvis stressed that cyber security is no longer just a technical issue — it is now a board-level responsibility.


The Growing Threat

The scale of the challenge continues to rise. Over the past year, the NCSC handled more than 200 major cyber incidents — more than twice as many as the year before. These incidents have the potential to disrupt essential services, inflict serious financial losses, and even endanger national security.


High-profile organisations such as Marks & Spencer, The Co-op, and Jaguar Land Rover have all faced cyber-attacks this year, but Jarvis emphasised that businesses of every size are at risk.


Support for Businesses

The NCSC has expanded the tools and services available to help organisations protect themselves:

  • Cyber Action Toolkit – A practical starting point for sole traders and small firms looking to secure their systems and data.
  • Cyber Essentials Certification – A recognised accreditation that demonstrates protection against common online threats. For smaller organisations (under £20 million turnover), certification includes automatic cyber liability insurance.
  • Early Warning Service – Used by more than 13,000 organisations, this service alerts businesses to potential cyber-attacks, giving them crucial time to respond.
  • Takedown Service – Has removed over 1.2 million phishing campaigns, with half taken down within an hour of detection.


Why It Matters

Many organisations still treat cyber security as a secondary issue until they experience an attack. Jarvis urged a shift in mindset, warning:


“It’s not a case of if you will be the victim of a cyber-attack, it’s about being prepared for when it does happen.”


Beyond the immediate financial impact, cyber incidents can cause long-term reputational damage. Increasingly, customers, suppliers, and investors expect the businesses they work with to demonstrate strong cyber defences.


A Board-Level Priority

The government has written to the CEOs of all FTSE 100 and FTSE 250 companies — and other leading UK firms — urging them to make cyber risk a board-level issue and to sign up to the NCSC’s Early Warning Service.


The letter also encourages these companies to require Cyber Essentials certification within their supply chains, reflecting the growing threat from supplier-based cyber-attacks. Currently, only 14 % of UK businesses assess the cyber risks posed by their direct suppliers.


Taking Action

If your business has not reviewed its cyber protections recently, now is the time to act:

  • Start with the basics – Visit the NCSC website and use the Cyber Action Toolkit to identify practical steps.
  • Consider Cyber Essentials certification – As more organisations adopt it, your customers may begin to expect it. You may also want to require it from your suppliers.


The Minister’s message is clear: act now, not later. Cyber security is not just an IT concern — it’s essential to protecting your livelihood, your team, and your reputation.



Contact us for more information



By Price Mann June 10, 2026
Great British Summer Savings Scheme
By Price Mann June 3, 2026
Dividends on the 2025/26 Self-Assessment Tax Return 
By Price Mann May 27, 2026
Making Tax Digital for Income Tax is Now Live
By Price Mann May 20, 2026
Loans to Participators - Company Shareholders
By Price Mann May 13, 2026
Why Staying a Sole Trader in 2026 Is Costing You More Than You Think
By Price Mann May 6, 2026
Many business owners treat P60s as a simple box-ticking exercise. While meeting the deadline is important, stopping there means missing a valuable opportunity to identify payroll errors early, before they become more costly to resolve later in the year. With the 31 May deadline approaching, here is what you need to know and why it matters. P60 deadline: 31 May 2026 Every employee on your payroll as at 5 April 2026 must receive their P60 by 31 May 2026. There are no extensions. Missing the deadline may result in HMRC penalties, as well as issues for employees who require their P60 for mortgage applications, tax returns, or benefit claims. If you manage payroll in-house, ensure this is scheduled. If you outsource payroll, confirm with your provider that it is being handled. Key change for 2026/27: Plan 5 student loans From the 2026/27 tax year, Plan 5 student loans will enter repayment. The threshold is £25,000, which is lower than Plan 2, meaning more employees may be affected than expected. Now is the time to check which plan each employee is on. Errors in this area can lead to payroll corrections, HMRC queries, and additional administrative work. Accountant’s tip: Use the P60 process to review student loan plans and ensure the correct deductions are in place for the new tax year. Use P60s as a payroll review While reviewing P60s, carry out a sense check on Benefits in Kind ahead of the July P11D deadline. Common issues include company cars, private medical insurance, and interest-free loans being incorrectly classified or overlooked. Identifying any issues now allows time to correct them properly, rather than dealing with pressure and potential penalties closer to the deadline. What to review before 31 May Confirm all eligible employees will receive their P60 on time Review student loan plans, particularly where employees may fall under Plan 5 Cross-check Benefits in Kind against payroll records Ensure 2026/27 tax codes are correct from the start of the tax year  Need support? Please contact us
By Price Mann April 29, 2026
Start Using AI as a Tool for Real Income
By Price Mann April 22, 2026
WHAT IS CHANGING IN THE 2026/27 TAX YEAR?
By Price Mann April 15, 2026
Disincorporation: Does it Make Sense for You?
By Price Mann April 8, 2026
Mileage Rates