The Most Disruptive Cyber-Security Breaches for Businesses in 2019

 

The Department for Digital, Culture, Media and Sport have released their annual report on cybersecurity breaches in the UK. Here are some key findings:

 

• 32% of businesses and 22% of charities identified cybersecurity breaches or attacks in the last 12 months.
• The average cost to businesses that lost data or assets after breaches were £4,180. Meanwhile, for charities, it was a whopping £9,470.
• Of the 32% of businesses that identified a cyber-attack or breach, 48% of them identified at least one breach or attack A MONTH.

 

While fewer businesses have identified breaches than in recent years, those that are identifying they are experiencing them more frequently.

 

While it is possible that the decrease in reported breaches could be due to businesses generally becoming more cyber secure.

 

It might also be the case that the decrease in businesses identifying breaches may be due to the GDPR changing what businesses consider to be a cyber-security breach and has made them less willing to have any cyber-security breaches.

 

Also, the findings also suggest that while the number of breaches reported has dropped, the financial costs of the incidents have consistently risen since 2017 making it now more expensive to experience a cyber-attack.

 

The following infographic outlines the most disruptive forms of cyber-attack your business could face.

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