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More firms report cyber-attacks

Economy, Advice

Research from Hiscox reveals the proportion of UK firms reporting a cyber-attack has jumped from 40% in 2018 to 55% this year. Almost three quarters of firms were ranked as “novices” in terms of cyber readiness and Hiscox said a lot of businesses “incorrectly felt that they weren’t at risk”. The firm surveyed more than 5,400 small, medium and large businesses across seven countries, including the UK, Germany, the US, Belgium, France, the Netherlands and Spain. It said there had been a “sharp increase” in the number of cyber-attacks this year, with more than 60% of firms having reported one or more attacks – up from 45% in 2018.


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