Half of UK businesses have suffered a cyber attack in the last 12 months.
Shocking figures have been released by the government that highlight the scale of cyber security in the UK.
A report published by The Department for Culture Media and Sport has found that cyber attacks hit half of UK businesses in 2016. Worse is that this number has doubled from the previous year.
According to the figures, 46% of british firms suffered from some sort of cyber attack or breach compared to 24% the year previous.
The government has warned that a "sizeable proportion" of the 1523 British businesses surveryed are lacking the necessary prorportions required to prevent and defend against an attack.
The report found that the most common forms of attacks come from fraudulent emails, viruses and malicious softward unintentially downloaded onto a company system.
These threats are not new to the cyber landscape and could be relatively easily avoided with proper defence technology. Far too many businesses are running on legacy technology that is nowhere near fast or intelligent enough to deal with the advanced threats out there.
Risking it all
On average, the DCMS found that the average cost per attack is £1570, and very often much higher. Businesses would rather risk loosing money than spending it on technology that will protect their systems.
For less than the money they are gambleing with by not having suffcient defense systems in place, they could purchase a next generation firewall as well as all the periphials needed to get it working at it's highest potential.
Not only are they gambeling with money, they also risk loosing their reputation which is much harder to to come back from than a loss of earning.
An easy target
The cost per attack increases to £19,600 as an average lost for larger firms. You would think that online criminals would gravitate to where the most money can made me. But this isn't true.
Although there was a slight increase in the number of attacks on larger businesses, the difference between them and small to medium businesses was separated by just 2%.
Small to medium enterprises tend to have less advanced technology and a 'it won't happen to me' attitude, which makes them easy targets.
Whilst no-one is safe, common targets include communications, real estate and technical services. Many successful attacks aren't that sophisticated, it's all about finding holes and ways in to a system. Always make sure your technology is up to date!