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The 2019 Cyber Security Breaches Survey shows that 32% of businesses identified a cyber security attack in the last 12 months – down from 43% the previous year.
The reduction is partly due to the introduction of tough new data laws under the Data Protection Act and the General Data Protection Regulations (GDPR). 30% of businesses and 36% of charities have made changes to their cyber security policies & processes as a result of GDPR coming into force in May 2018.
However, of those businesses that did suffer attacks, the typical median number of breaches has risen from 4 in 2018 to 6 in 2019. Therefore, businesses & charities suffering cyber attacks and breaches appear to be experiencing more attacks than in previous years.
Where a breach has resulted in a loss of data or assets, the average cost of a cyber attack on a business has gone up by more than £1,000 since 2018 to £4,180.. The most common breaches or attacks were phishing emails, followed by instances of others impersonating their organisation online, viruses or other malware including ransomware.
Business & charity leaders are being encouraged to download the free Cyber Security Guide for Small Businesses and free Cyber Security Guide for Small Charities to help make sure that they don’t fall victim to cyber attacks.
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