Small businesses are a huge part of the British economy as in 2017 for example, there were 5.7 million businesses in the UK, 99% of which were small or medium sized enterprises (SMEs) employing fewer than 250 people.
Around 5.5 million (96%) of these were micro-businesses, employing fewer than nine people each. These smaller businesses account for 33% of employment and 22% of turnover nationwide. However the cyber threat remains real, and they are not too small to be targeted by malware, ransomware, botnets and phishing that have become all too common in recent years.
By Simon Yeoman
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