Ireland has come up with a new Cybersecurity strategy which enables it to strengthen its stand against cybercrime with sophisticated standards and protections. Minister for Communications Richard Bruton said that his country has recognized cyber attacks as risks affecting the economy and governance and so has outlined best-practice standards meant to respond to such incidents efficiently and quickly.
“As the onus lies on the government to protect the nation’s telecom infrastructure, electricity systems and energy grids against cyber attacks, the new national cyber strategy is aimed to meet all demands and will be in respect to the international information standards”, said Bruton.
As it happens to emerge into a big business sector, it will also offer a lot of employment and work opportunities which in turn paves the way to the growth of the Irish economy added Richard Bruton.
According to a survey, cyber crimes have increased by 61% on Irish Businesses and it is estimated that in the last two years the businesses have suffered a £3.1 million loss via cybercrime.
A report published by the Comptroller and Auditor General last October has estimated a funding rise from £900,000 in 2016 to £4 Million in 2019. However, these figures did not an endorsement from the National Cyber Security Center as it needs a bit of research in terms of staff and technology.