Over 40% of UK businesses experienced a cyber security breach or attack in the last 12 months, according to a new report from the Department for Digital, Culture, Media and Sport. The Cyber Security Breaches Survey 2018’s finding was that three quarters of businesses have now made cyber security a high priority for their senior management.
However, only 27% actually have formal cyber security policies in place and just 30% have board members or trustees with responsibility for cyber security. Breaches were more often identified among the organisations that hold personal data, where staff use personal devices for work or that use cloud computing. More worryingly, one in five businesses admitted to never updating their senior managers on cyber security issues.
All businesses are targets for hackers, no matter what their size or sector. Attacks are becoming more sophisticated and don’t even always come from humans but instead from hacker-created bots which are programmed to continually evolve new algorithms in order to identify potential areas of attack.
Technology and the ways in which businesses communicate and transact will continue to expand in 2019. Predicated trends are extensive though worth mentioning include the increased take up of single password log-ins, allowing employees to access all their authorised systems, increased reliance on cloud storage especially for customer data, the arrival of 5G supporting new technology and flexible working, ever more sophisticated AI including chat bots and workflow applications, 24/7 customer multi-platform expectations and many more.
This breakfast seminar is designed to provide practical advice and highlight the latest scams being experienced by SME businesses in the UK.
For more information and to view details of the programme, please click here.