Thursday 29 March 2018

Dutch SMEs’ cyber security is insufficient

Nowhere in the Netherlands is digitisation as big as it is in small and medium-sized enterprises, but the sector still has a lot to do in terms of cyber security

Between 80% and 90% of small and medium-sized enterprises (SMEs) in the Netherlands do not comply with the rules of the EU’s General Data Protection Regulation (GDPR), which comes into force this year and will be strictly audited by Dutch privacy watchdog AP from 25 May.

If companies do not comply with the regulation, they could be fined up to €20m or 4% of their turnover.

Christian Oudenbroek, director at Brand Compliance, said many SMEs in the Netherlands will fall short of GDPR compliance. “We have many SME companies from the Netherlands and Belgium as customers and, from discussions and meetings we have had in recent months, I would say 80-90% of them are not ready for it.”

SMEs make up 90% of the Netherlands’ business world and so largely determine the country’s economic activities. Research by Capgemini and insurance company Interpolis shows that many entrepreneurs in the country score well in the areas of physical security, access to the corporate network and security of the website, but they lack vision and policy in the organisation of business processes.

Many companies do not recognise the urgency of cyber security until an incident occurs, the research suggested.

Meanwhile, the number of SME victims of cyber crime is quite high, according to the baseline measurement of the cyber security in SMEs research group at The Hague University of Applied Sciences.

Rutger Leukfeldt, head of the research group, said he was shocked by the figures. “Some 20% of companies have been the victim of cyber crime and 21% have experienced an attempted digital attack,” he said. “This means that it does not just happen occasionally, and the risk that a company faces is no longer negligible.”

The baseline measurement marks the start of an in-depth investigation into how much cyber security Dutch SMEs employ. “More and more business processes use digital systems, we as a society are ever more digital, so we can only expect the number of cyber crime victims to rise,” said Leukfeldt.

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Article Credit: CW

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source http://news.statii.co.uk/dutch-smes-cyber-security-is-insufficient/

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