Cybersecurity a worry for UK SMEs

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The number of cybersecurity issues facing small to medium-sized enterprises (SMEs) in the UK has increased by over two-thirds in the last year.

Figures released by professional services firm PwC suggest the rise is three times higher than the global average.

It also appears that 16 per cent of UK SMEs don’t know how many security incidents they have had in the last 12 months.

PwC’s cybersecurity partner Grant Waterfall said: “As cyber threats evolve, it is critical that organisations rethink their security strategy so that it is integrated with business needs and strategies and is prioritised by top executives.”

The three top obstacles quoted by respondents to the survey were insufficient capital funding, a lack of leadership and a lack of vision on how future business needs will impact on security.

However, the number of companies that have adopted an overall information security strategy has gone up by 17.5 per cent.

Is online security a concern for your business?

Posted by the Secret Businessman