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Cybersecurity The Governance Element
Cybersecurity risk is an area of high priority for both Horizon and our portfolio companies. According to a survey conducted by the ONS, 39% of businesses experienced a cyber breach in 2022. The occurrence of such an incident can create significant disruption to business operations and therefore it is essential to take a proactive approach to fortifying data and IT infrastructure to improve our ability to detect, manage and prevent cyberthreats. We have therefore strengthened the firm’s cybersecurity protections.
This includes a review by a third-party consultant, CyberCrowd, and the achievement of Cyber Essentials and Cyber Essentials Plus Certification. This is a government-backed scheme designed to guard against common cyber threats and demonstrate a commitment to cybersecurity. As a part of the annual certification process for Cyber Essentials, Horizon receives an external