• Menu
  • Skip to main content
  • Skip to primary sidebar

The Cyber Security News

Latest Cyber Security News

Header Right

  • Latest News
  • Vulnerabilities
  • Cloud Services
Cyber Security News

Attacks on UK Firms Increase Five-Fold During Pandemic

You are here: Home / General Cyber Security News / Attacks on UK Firms Increase Five-Fold During Pandemic
December 17, 2021

Attacks on UK corporations surged five-fold all through the pandemic and now value way more than the world-wide ordinary, according to Accenture.

The world wide consultancy polled 500 UK executives to compile its State of Cybersecurity Resilience 2021 study.

It uncovered that massive companies skilled 885 attempted cyber-attacks in 2020 – up from 156 the previous yr and much more than triple the world wide normal of 270.

✔ Approved From Our Partners
AOMEI Backupper Lifetime

Protect and backup your data using AOMEI Backupper. AOMEI Backupper takes secure and encrypted backups from your Windows, hard drives or partitions. With AOMEI Backupper you will never be worried about loosing your data anymore.

Get AOMEI Backupper with 72% discount from an authorized distrinutor of AOMEI: SerialCart® (Limited Offer).

➤ Activate Your Coupon Code


They’re also additional high-priced than somewhere else. Accenture calculated that incidents and breaches value around £1.3m a calendar year – £350,000 much more than the global average.

Around 80% of respondents reported the price of being forward of cyber-criminals is unsustainable, a fifth additional than the earlier year, and a quarter explained they’ve been pressured to maximize cybersecurity budgets by 10% or much more.

Worryingly, provide chain attacks accounted for 64% of breaches in the UK last 12 months, up by a quarter (26%) from the previous yr.

This chimes with a recent report from BlueVoyant , which revealed 93% of worldwide organizations suffered a immediate breach because of to their provide chains over the past calendar year.

Accenture UK security guide, Giovanni Cozzolino, argued that British companies are beneath siege from electronic attackers.

“It’s distinct that cyber-criminals are getting full gain of the right away shift to residence performing and digital functions,” he extra. “Enterprises need to be on significant inform. Whether or not innovative nation-condition actors or run of the mill cyber-criminals, adversaries are evidently acquiring more resourceful and launching attacks from every single angle.”

The report claimed that virtually half (49%) of large businesses lost over 100,000 consumer information more than the program of the earlier calendar year, an increase of 28% from the earlier yr.

“Faced with large expenses in a hard financial atmosphere, UK corporations must be sensible with how they devote on security,” concluded Cozzolino.

“Spending more without getting carefully aligned to the small business doesn’t make your organization safer. To realize sustained cyber resilience, CISOs require to collaborate with the appropriate executives in their organization to realize exactly where to prioritize.”


Some sections of this posting are sourced from:
www.infosecurity-magazine.com

Previous Post: «new phorpiex botnet variant steals half a million dollars in New Phorpiex Botnet Variant Steals Half a Million Dollars in Cryptocurrency
Next Post: How to Prevent Customer Support Help Desk Fraud Using VPN and Other Tools how to prevent customer support help desk fraud using vpn»

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Report This Article

Recent Posts

  • Cybercriminals Using New ASMCrypt Malware Loader Flying Under the Radar
  • Lazarus Group Impersonates Recruiter from Meta to Target Spanish Aerospace Firm
  • Post-Quantum Cryptography: Finally Real in Consumer Apps?
  • Microsoft’s AI-Powered Bing Chat Ads May Lead Users to Malware-Distributing Sites
  • Progress Software Releases Urgent Hotfixes for Multiple Security Flaws in WS_FTP Server
  • Cisco Warns of Vulnerability in IOS and IOS XE Software After Exploitation Attempts
  • GitHub Repositories Hit by Password-Stealing Commits Disguised as Dependabot Contributions
  • China’s BlackTech Hacking Group Exploited Routers to Target U.S. and Japanese Companies
  • The Dark Side of Browser Isolation – and the Next Generation Browser Security Technologies
  • China-Linked Budworm Targeting Middle Eastern Telco and Asian Government Agencies

Copyright © TheCyberSecurity.News, All Rights Reserved.