cybercriminals

74% of UK Businesses Have Inadequate Cyber Security Measures

74% of UK Businesses Have Inadequate Cyber Security Measures

74% of UK businesses are not doing enough to protect against cyber-attacks and data breaches, according to a survey of 500 IT managers by business solutions provider Office Depot. Skills shortages and poor allocation of resources seem to be major factors, with 81% of managers of the view that their businesses would benefit from having more time and resources to address cyber security problems. IT managers have claimed that over 33% of their time is spent dealing with low level issues such as fixing printers and document recovery, leaving little time for more complex tasks such as data security. See also: How to arm your business against cyber security attacks The allocation of these low level tasks to senior IT professionals is estimated to cost companies more than £4.2bn every year – mone... »

94% of Small Businesses Experienced Cyber Attack in Last 12 Months

Report reveals only 19% of small and mid-sized businesses prioritise IT security despite incident numbers growing Recent findings revealed that 94% of companies experienced an external security incident in the last 12 months, but small and mid-sized businesses are still failing to prioritise IT strategy. The report, conducted by Kaspersky Lab, showed that smaller companies are failing to see the importance of IT development compared to larger businesses. Only 19% of small businesses (less than 25 employees) ranked IT strategy as a top concern, compared to 35% of businesses with over a 100 employees. Furthermore most e-commerce and online retail businesses do not prioritise IT development with 86% failing to list IT as a key strategic concern of their company. Overall IT policy was only nam... »