Two thirds of large UK firms hit by cyber breach or attack
Britain’s businesses are being urged to better protect themselves from cyber criminals after government research into cyber security found two thirds of large businesses experienced a cyber breach or attack in the past year.
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.
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.
Nearly seven out of ten attacks on all firms involved viruses, spyware or malware.
Record £1.9bn government investment to protect UK but industry must act to help protect themselves.
New National Cyber Security Centre will launch in the autumn 2016. ■