Cyber Security Services encompass a range of professional solutions aimed at protecting organisations and individuals from cyber threats. These services include risk assessment, incident response, security architecture design, vulnerability assessments, security monitoring, and threat intelligence. Additionally, they provide security awareness training, compliance support, and help organisations meet regulatory requirements. By offering these services, cyber security providers assist in mitigating risks, preventing unauthorised access, and safeguarding digital assets, thereby ensuring the integrity and security of data and systems in an increasingly interconnected world.
The business activities that fall under Cyber Security Services are:
Cyber Security Architecture (6201.98): This refers to the design and implementation of a secure framework to protect against cyber threats. It falls under “Cyber Security Services” because it involves planning, creating, and managing the infrastructure’s security measures. This includes developing policies, standards, and controls for network security, system security, data protection, identity and access management, cloud security, and incident response. Cybersecurity service providers specialise in designing and deploying robust architectures tailored to the specific needs of organisations. They work closely with clients to understand their security requirements, assess vulnerabilities, and establish a comprehensive security blueprint.
- Third-party Approval: No third-party approvals are required for this business activity
- Filing of Economic Substance Return: Business activity 6201.98 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 6201.98 is exempt from this requirement.
Auditing, Reviewing & Testing Cyber Risks (6202.95): This refers to the assessment and evaluation of an organisation’s cyber risks, vulnerabilities, and security measures. It falls under “Cyber Security Services” because it plays a vital role in ensuring the effectiveness of an organisation’s security practices. Through audits, reviews, and tests, this activity examines the organisation’s security policies, controls, and infrastructure to identify weaknesses and potential threats. Auditing verifies compliance with standards and regulations, reviewing assesses the effectiveness of existing security measures, and testing simulates real-world attack scenarios to uncover vulnerabilities. By engaging in these services, organisations can proactively identify and address security gaps, strengthen their security posture, and protect their digital assets.
- Third-party Approval: No third-party approvals are required for this business activity
- Filing of Economic Substance Return: Business activity 6202.95 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 6202.95 is exempt from this requirement.
Managed Cyber Security Services Provider (6202.98): This is a business that offers outsourced and comprehensive cybersecurity services to organisations. They take charge of managing and monitoring an organisation’s security infrastructure and systems. This business activity falls under “Cyber Security Services” because it focuses on proactive monitoring, incident response, threat intelligence, vulnerability management, and security consulting. By engaging with a Managed Cyber Security Services Provider, organisations can offload their security responsibilities to experts who provide continuous monitoring, timely incident response, and expert guidance, enhancing their overall security posture and protecting against cyber threats.
- Third-party Approval: No third-party approvals are required for this business activity
- Filing of Economic Substance Return: Business activity 6202.98 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 6202.98 is exempt from this requirement.
Cyber Security Consultancy (6209.12): This involves providing expert advice, guidance, and strategic recommendations to organisations regarding their cyber security practices. Consultants in this field possess specialised knowledge in assessing and mitigating cyber risks. This business activity falls under “Cyber Security Services” because it offers organisations valuable expertise and support in enhancing their cyber security posture. Cyber Security Consultants provide advice on risk management, threat assessment, security architecture, regulatory compliance, and incident response. They assess an organisation’s existing security infrastructure, policies, and practices, identify vulnerabilities, and offer recommendations for improvement. Additionally, they assist in developing customised security strategies, provide training to enhance employee awareness and ensure compliance with relevant regulations.
- Third-party Approval: No third-party approvals are required for this business activity
- Filing of Economic Substance Return: Business activity 6209.12 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 6209.12 is exempt from this requirement.
Cyber Risk Management Services (6209.14): This involves identifying, assessing, and mitigating cybersecurity risks to protect an organisation’s digital environment. It falls under “Cyber Security Services” as it focuses on managing and minimising cyber risks. These services include conducting risk assessments, implementing controls and policies, monitoring for emerging threats, and ensuring regulatory compliance. Cyber Risk Management Services aim to enhance an organisation’s security posture, mitigate the impact of security incidents, and ensure the continuity of business operations.
- Third-party Approval: No third-party approvals are required for this business activity
- Filing of Economic Substance Return: Business activity 6209.14 is exempt from this requirement.
- Anti-Money Laundering Compliance: Business activity 6209.14 is exempt from this requirement.
