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Cyber-security 'biggest threat facing Northern Ireland firms'

By Staff Reporter

Technology firm Equiniti has said cyber-security will be the biggest threat facing companies in Northern Ireland in the next decade.

The company said businesses should prioritise investing in cyber-security in order to defend attacks from hackers, and reduce fraud.

Equiniti spoke as it today announced a new tie-in with the Centre for Secure Information Technologies (CSIT) in Belfast - a centre for cyber security technology research at Queen's.

Owen Lamont, from Equiniti, said: "CSIT is the UK's centre of excellence for research into cyber security and one of the top cyber security clusters in Europe, so it makes perfect sense for Equiniti to support the Centre and to benefit from its ground-breaking work."

He said Equiniti handled large volumes of highly sensitive data for organisations in Northern Ireland including Land and Property Services NI and Her Majesty's Passport Office, "and their exacting and evolving security demands must be met".

A report last week estimated the cost of cyber-crime to Northern was £100m per year.

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