UK tech startups urged to take action to secure their IP
The UK has a strong record in research and development and a vibrant emerging tech startup ecosystem. This makes innovative UK companies attractive targets for state actors, competitiors, or criminals. As a startup founder or leader, the motivation to steal your business' IP could be to gain a competitive advantage, seek commercial profit, or to increase another states' military advantage over other countries, risking the UK's national security.
The UK's National Protective Security Authority (NPSA) and the National Cyber Security Centre (NCSC), have developed the Secure Innovation campaign to help founders and leaders of innovative tech startups to protect your IP, competitive advantage, and reputation.
Innovative technology is at the heart and soul of startup businesses in this sector, and you can invest substantial amounts of time, money, and effort into building a business around that innovation. Security is often overlooked at this crucial stage of the business lifecycle but protecting that innovation should be at the forefront of your decision making. If security is left at the bottom of the priority list, the risk of damage to your reputation and commercial success can be significant.
The campaign offers a free Quick Start Guide to help embed good security practices from an early stage. The advice centres around three key steps: appointing a security lead, identifying and documenting your key assets, and assessing your business for security risks.
As a startup leader you will often have limited time, so the Quick Start Guide has been designed with concise, actionable language to help you implement better security measures as quickly and as simply as possible. Taking the right steps now will enable you to embed good security practices from an early stage, making your business more robust, as well as more attractive to investors.
More detailed guidance on how to keep your business secure can be found on the Secure Innovation website, along with additional guidance on security risk scenarios, background checks, travel security, security for growing companies, and security for investors.
The message to startup leaders is simple, don't leave it too late to protect your innovation! Visit NPSA.gov.uk/secure-innovation to download the Secure Innovation Quick Start Guide and embed good security practices into your business from the start.
If you would like to find out more, click below to join our webinar with the NPSA on Secure Innovation.