Source · Select Committees · Business, Innovation, Science and Trade Committee
Recommendation 44
44
The cost of cyber resilience has increased significantly in recent years.
Conclusion
The cost of cyber resilience has increased significantly in recent years. Key upgrades to software and other IT services are often now made via payments to subscription services rather than one-off purchases, meaning that they are categorised as revenue rather than more tax- efficient capital expenditure. Improved cyber resilience is therefore having a bigger impact on company bottom lines. Businesses should not be forced to choose between resilience and profitability. Government must do more to incentivise investments in cyber security. (Conclusion, Paragraph 153)