UK businesses need to wake up to the threat of cybercrime - we're not doing enough to stop it

Call for unified standards in cyber security.

by Nithin Thomas

Cybercrime has become one of the biggest threats facing UK businesses, and the number and severity of attacks are increasing exponentially.

Not only that, but the Department for Business, Innovation and Skills found that the average cost of a breach has doubled in the last year to stand at roughly £1.5m in big businesses. It also found that 90 per cent of large businesses and 74 per cent of SMEs have now suffered data breaches.

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