Personal data is constantly being processed and transferred in numerous ways - whether in healthcare applications, store loyalty programmes, during purchases or while browsing online. With such a vast amount of personal data in circulation, the likelihood of errors occurring is heightened. It feels like almost every day we hear a story of another company being breached - with data being stolen by cybercriminals looking to steal an individual's identity, access accounts or commit fraud. Things are also getting easier for cybercriminals, thanks to technology advancements like generative AI assisting with more convincing phishing emails and deepfake content.

Across Europe, 100 million people are employed by small and medium-sized enterprises (SMEs). The UK has over five million SMEs, providing three-fifths of employment and £2.4 trillion in turnover. As a vital component in the national economy, SMEs must continue to invest in automation, technology-led innovation, and underpin this with strong security.