Did you know that small and medium-sized enterprises (SMEs) account for 99.9% of the businesses in the UK? At the start of 2023, there were estimated to be 5.6 million private-sector businesses ...
There will be many results that say cyberattacks are a significant threat to businesses in the United Kingdom, regardless of industry and size. It's terrifying that of all the cyberattacks in the UK so far in 2024, over 50% of the reports were from SMEs.
The average cyberattack cost to a UK business was £10,830, and so far in 2024, 84% of these attacks came from email and SMS phishing attempts. Ransomware attacks are rising significantly too.
With an estimated average loss of just over £10K, would your business survive and be sustainable after that type of loss? Email phishing is still the number one way scammers try to defraud you. There are an estimated 200 million scam emails sent to UK-based email addresses - each and every day - and even as a conservative estimate, 50% of them target businesses. That is a whopping great number.
What do hackers, fraudsters and scammers hope to gain then? The main thing is simply 'theft of money', either directly from you or by selling the data they take from you. Imagine your customer database being sold on the dark web, with all their credit/debit card details included? The damage to your reputation would be devastating to your business.
Implement the best external email security filter subscription possible and, most of all, get an external company to perform penetration tests on your systems. A reputable IT company should be employed to implement staff training courses to increase their awareness of the potential losses a company can face.
Spending a few thousand pounds may seem a lot, but what is the cost of not having great IT systems in place with the right level of protection.
If you feel inspired to find out more then do call me on 07555 807700 or leave a comment below and I'll be in touch as soon as I can.