1 in 5 UK firms hit by cyber attacks in 2016

One in five British businesses has been hit by a cyber attack in the past year, according to the British Chamber of Commerce (BCC).

Polling more than 1,200 UK businesses, the BCC found that 20% had been hit by a cyber-attack in the last 12 months. It was revealed that big businesses are far more likely to be targeted by hackers (42%), rather than smaller firms (18%).

“Cyber-attacks risk companies’ finances, confidence and reputation, with victims reporting not only monetary losses but costs from disruption to their business and productivity. While firms of all sizes – from major corporations to one-man operations – fall prey to attacks, our evidence shows that large companies are more likely to experience them,” said Dr Adam Marshall, Director General of the BCC. …

Source: 1 in 5 UK firms hit by cyber attacks last year – Computer Business Review

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