Posted by AdviserDirect on 08/09/2019

Small Businesses in the UK Suffer 10,000 Cyber Attacks Daily

Small Businesses in the UK Suffer 10,000 Cyber Attacks Daily

Small businesses are collectively subject to almost 10,000 cyber attacks a day, according to new findings from the Federation of Small Businesses (FSB).

One in five (20 percent) small firms say a cyber-attack has been committed against their business in the two years to January 2019. More than seven million individual attacks are reported over the same period, equating to 9,741 incidents a day. The annual cost of such attacks to the small business community is estimated to be more than $5.463 billion, with the average cost of an individual attack put at $1,500.     

Read full story.

Get our Newsletter