Two thirds of large UK businesses hit by cyber breach or attack in past year

May 31, 2016   //   No Comments

Virus_Blaster cyber threatBritain’s businesses are being urged to better protect themselves from cyber criminals following government research, which showed that nearly seven out of ten attacks on all firms involved viruses, spyware or malware.  The research also shows that in some cases the cost of cyber breaches and attacks to business reached millions, but the most common attacks detected involved viruses, spyware or malware that could have been prevented using the Government’s Cyber Essentials scheme. Cyber Essentials is a new Government-backed and industry supported scheme to guide businesses in protecting themselves against cyber threats.

The Cyber Security Breaches Survey found that while one in four large firms experiencing a breach did so at least once a month, only half of all firms have taken any recommended actions to identify and address vulnerabilities. Even fewer, about a third of all firms, had formal written cyber security policies and only 10% had an incident management plan in place.

 

Find a SAIF Member