Baroness Northover (LD)

I thank the Minister, and I thank noble Lords for their support. This is clearly an area where we agree that there is a problem; we are very vulnerable in the United Kingdom. What we have in place is clearly not working sufficiently well if 60% of SMEs that are hit by cyber attacks go under. That is the context in which we ought to look at proposals that might seek to address that. We clearly need to take SMEs forward in a way that does not overburden them. I hear the point about extending insurance cover. We can indeed take more than one track, but there is a cost to not supporting SMEs. If they are going to go under, that will be an economic cost to the country and, if we do not support them, they are likely to be hit by cyber attacks, taking them and others under anyway, with that effect upon our economy. Clearly, the Government agree—hence putting in place the measures that the Minister has outlined. I am suggesting, from the evidence we have received, that this needs to go further and faster. We can discuss exactly how, but it is clear that this is an escalating problem and that we need to do more to tackle it. That is on the basis, in particular, of the concerns expressed to the National Resilience Committee on which I serve and which, as I say, gave me the idea of putting this amendment forward. I think that we will need to return to this, because it is a major problem, but, in the meantime, I beg leave to withdraw the amendment.