One in four firms operating in the UK's knowledge-based economy has suffered a breach of intellectual property rights in the last five years, according to the Federation of Small Businesses (FSB).
Saying and doing are two different things, as proven by the UK's small and medium-sized enterprises (SMEs), whose lack of data security measures is putting their organisations at risk, according to a new study.
The extent and variety of UK organisations that have been subjected to cyber attacks has caught the Government Communications Headquarters (GCHQ) by surprise, its director general for cyber security has admitted.
When you think of hacking and cybercrime, you’d be forgiven if the first thing that springs to mind is large corporation being taken down by a mysterious ‘Cyber Jedi’... After all, big stories like the cyber-attack on Talk Talk make better headlines than the small coffee shop that got a few thousand email addresses stolen.
A Cyber Demonstration Centre for the UK's small to medium-sized businesses (SMBs) is due to open soon, with the aim of educating professionals on computer security and also allowing firms to promote their cyber security products, the IT Pro Portal website reveals.
UK businesses have called on the government for greater support in combating cyber attacks, after it was revealed that dealing with a breach is costing them around £34 billion a year.
As the V3 website reports, nearly two thirds (60%) of chief executives believe the government is not doing enough to protect firms from cyber attacks, according to a survey of more than 200 C-level executives.
In part 2 of our series about people risk in small business, we focus on another issue: invoice fraud. With so much attention on cybercrime, and the IT measures small businesses can take to protect themselves from such activity, it seems that the most common error has slipped from focus; human error.
According to the Telegraph, a quarter of small businesses think that investing in cyber security is not worth the cost of implementation. At the same time a fifth of those small businesses questioned also admitted that they are open to attack and this is mainly down to limited knowledge of cyber security. According to a new report this lack of understanding could be putting a third of small and medium sized company’s revenue at risk.
Dani Booth
Search Marketing Manager