The Department for Culture, Media and Sport (DCMS) today released the findings from its latest Cyber Breaches Survey, which measures UK businesses’ awareness and actions around cyber security as well as the impact of cyber security incidents on UK industry.
The survey, carried out by Ipsos MORI and the Institute of Criminal Justice Studies (ICJS) at the University of Portsmouth and endorsed by techUK, shows that virtually every business is exposed to cyber security risk with just under half (46%) of all businesses identifying at least one cyber breach in the last twelve months.
The research also shows that businesses of all sizes are becoming increasingly concerned about cyber security – three-quarters suggest that cyber is a high priority for their senior management team.
Commenting on the findings of the survey, Talal Rajab, techUK’s Head of Programme for Cyber, said:
“The findings today from the Government’s Cyber Breaches Survey is another stark reminder of the cyber threats facing UK businesses. The survey once again highlights the importance of basic security measures in order to secure the data of UK businesses and consumers. It is encouraging to see that cyber is rising up the priorities list for most businesses. In particular, small-to-medium sized businesses are becoming increasingly aware of the risks - one in five small businesses surveyed found that it took a day or more to recover from their most disruptive breach.
“Organisations are becoming much more cognisant of cyber risks and have put in some measures, however, more can be done to obtain guidance and take further action to protect businesses and their customers. The UK’s world-leading digital economy is predicated on strong cyber security and it is crucial that businesses take heed of the statistics revealed in the survey, and safeguard themselves from this growing threat.”