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cyber security

Cyber Security for mid-large size business and organizations New Frontiers

Cyber security for medium/large businesses and organizations

By New Frontiers blog
Recent UK Government statistics found that nearly half of all UK businesses suffered a cyber breach or attack in the past 12 months. Firms holding personal data and processing money are top targets. With an average cost to the business of £3,000 for medium business and £19,000 for larger ones, the most common attacks were fraudulent emails, followed by viruses and malware. Cybersecurity: challenge your assumptions The survey also revealed that nearly seven in ten large businesses identified a breach or attack, with the average cost to large businesses of all breaches over the period being £20,000 and in some cases reaching millions. Medium and large companies tend to be better prepared to deal with cyber security (although is not always...
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Cyber security for small businesses New Frontiers

Cyber security: an important issue for small businesses

By New Frontiers blog
New Frontiers participant, Donal Kerr, examines why companies are continuing to fall victim to cyber attacks despite increased awareness of such threats, and gives us some proactive steps companies can take to avoid such security breaches. Why informed companies continue to get hacked Recent UK Government statistics found that nearly half of all UK businesses suffered a cyber breach or attack in the past 12 months. Firms holding personal data and processing money are top targets. With an average cost to a business being £1,380, the most common attacks were fraudulent emails, followed by viruses and malware. So, why do companies continue to get hacked, despite massive media coverage and widespread usage of commercial security products? Some reasons would be:...
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