This figure rises to more than two thirds for large businesses, 72% of which identified a breach or attack. For the average large business the financial cost of all attacks over the past 12 months was £9,260 with some attacks costing significantly more.
The most common breaches or attacks were via fraudulent emails – for example, attempting to coax staff into revealing passwords or financial information, or opening dangerous attachments – followed by instances of cyber criminals impersonating the organisation online, then malware and viruses.
Minister for Digital and the Creative Industries, Margot James, said:
“We are strengthening the UK’s data protection laws to make them fit for the digital age but these new figures show many organisations need to act now to make sure the personal data they hold is safe and secure.
“We are investing…
