Written Question·Department for Business and Trade·UIN 40036

Business: Cybersecurity

Tabled: 20 March 2025

Answered: 27 March 2025

Question

Dan Aldridge

To ask the Secretary of State for Business and Trade, if he will make an assessment of the potential merits of including measures to require boards to report on cyber resilience in the draft Audit Reform and Corporate Governance Bill.

Answer

Justin Madders

All large and medium-sized companies are already required to report on their material risks within their annual strategic report, including on cyber risk where this is a material risk. Recognising the important strategic role that boards of directors play...

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