Two-thirds of large UK businesses were hit by a cyber breach or attack in the past year, according to a UK government sponsored survey. Nearly seven out of 10 attacks on all firms involved viruses, spyware or malware according to a poll of UK enterprises carried out as part of the Cyber Security Breaches Survey. Only one in 10 firms had an incident management plan in place – even though one in four large firms experiencing a breach did so at least once a month, according to the survey.
It’s a familiar story. In an attempt to push change, the government is making a record £1.9bn investment in cyber security over the next five years, with a new National Cyber Security Centre due to launch in autumn this year.
Results from the survey are being released alongside the government’s Cyber Governance Health Check scheme, which was launched following the TalkTalk cyber attack. It found almost half of the top FTSE 350 businesses regarded cyber attacks as the biggest threat to their business when compared with other key risks – up from 29 per cent in 2014.
Minister for the Digital Economy Ed Vaizey said: “The UK is a world-leading digital economy and this Government has made cyber security a top priority. Too many firms are losing money, data and consumer confidence with the vast number of cyber attacks. It’s absolutely crucial businesses are secure and can protect data.”
Source: The Register