WEBINAR Tech Leaders Forum: Cyber Security Update
According to recent Government report*, 80% of businesses consider cyber security to be a high priority.
Almost half of businesses (46%) and a quarter of charities (26%) report having cyber security breaches or attacks in the last 12 months, causing significant disruption.
The long-term cost of breaches includes:
• The loss of share value
• Loss of investors or funding
• Long-term loss of customers
• Costs from handling customer complaints
• Fines, compensation and legal costs.
The cost to these businesses can extend into £millions.
Nearly half of all UK businesses have a basic skills gap in Cyber Security. This, coupled with advances in Internet of things (IoT) technology, has resulted in cyber security becoming increasingly sophisticated.
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