UK SMEs have false sense of cyber security
"Almost three-quarters (74%) of UK small and medium-sized enterprises (SMEs) think they are safe from cyber attack, despite half of them admitting having suffered a data breach, according to a report by Juniper Research.
The research found that 50% of small businesses have suffered a data breach, two-thirds of them in the past year.
Most (86%) of the SMEs surveyed also think they are doing enough to counter the effects of cyber security attacks.
More than a quarter (27%) think they are safe from attack because they are small and of no interest to cyber criminals.
Windsor Holden, head of forecasting and consultancy at Juniper Research, said a cyber attack could cost a company millions of pounds in lost data, reputation, time and customers. ‘Yet our study shows that businesses believe they are far more secure than they really are,’ he said.”
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