19 April 2017
1 in 5 businesses ‘are cyber attack victims’
One in five UK companies have become victims of cyber crime in the past 12 months, according to the British Chambers of Commerce (BCC).
The trade body said that 18% of smaller businesses have suffered at the hands of cyber criminals, along with 42% of big companies.
Only around a quarter (24%) of firms have put security measures in place to ward off hacking attempts.
Adam Marshall, BCC director-general, said the finances, confidence and reputation of companies can all take a hit following a cyber attack.
He added: "Firms need to be proactive about protecting themselves from cyber attacks. Security accreditations can help businesses assess their own IT infrastructure, defend against cyber security breaches and mitigate the damage caused by an attack. It can also increase confidence among the businesses and clients who they engage with online."
Mr Marshall said companies should be aware that new data protection laws come into force next year, which will require them to increase their responsibilities and requirements with regards personal data.