Last Updated on: 6th September 2024, 12:04 pm
Cyber security specialists CyPro, renowned for safeguarding high-growth businesses, have released an insightful new report titled Degrees of Security.
The report, based on crucial research conducted with 22 leading UK universities, offers an in-depth look at how these institutions are structuring, funding, and resourcing their cyber security teams. Are universities in the UK positioning themselves for success, or are they struggling to keep up with the growing cyber threats?
CyPro’s Degrees of Security report is both timely and significant, contributing to the ongoing conversation around cyber security in higher education. It sheds light on the pressing need for universities to address the growing risks they face. The findings reveal critical gaps in how some institutions are managing their cyber defences and suggest practical strategies tailored to the specific needs of universities, ensuring they can keep pace with the ever-evolving cyber threat landscape.
The report highlights that the wider macro-economic challenges are exacerbating the risk for UK universities. These institutions are facing unprecedented financial pressures due to cuts in public funding, changes to student loan repayment thresholds, caps on tuition fees, the loss of EU research funding, and increasing competition for students globally.
As a result, universities are being pushed to expand their commercial ventures and adapt to new business models rapidly. International partnerships, overseas growth, and the sharing of data for collaborative research are all significantly increasing universities’ exposure to cyber threats at a time when they are more vulnerable than ever.
However, the report also identifies new opportunities for universities to bolster their cyber security efforts. As institutions adjust their strategies to cope with financial pressures and focus on trans-national education and partnerships, they have the chance to upgrade their identity governance systems. This will not only support university growth but also enhance the digital experience for students both at home and abroad.
Jonny Pelter, Partner at CyPro, commented: “Universities are custodians of vast amounts of highly sensitive data and intellectual property, often with national security consequences, making them prime targets for cyber attacks.
“Our Degrees of Security report provides academic institutions with the insights necessary to re-evaluate their own security posture and make corrections in strategic approach to keep pace with the threat. It is an essential resource for anyone charged with the responsibility of safeguarding the digital assets of their University.”
CyPro is a dynamic cyber security partner, known for supporting high-growth businesses at every stage. Their mission is to offer peace of mind to SME leadership teams, allowing them to focus on growth, secure in the knowledge that their digital assets are protected. CyPro are specialists in addressing the unique needs of academic institutions and other rapidly expanding organisations, helping them scale securely.
