Summary
A recent survey reveals that two-thirds of security leaders in UK medium to large businesses fear that significant cyberattacks could devastate their organisations. Recent events, such as the cyberattack on Marks & Spencer over the Easter holidays which resulted in a financial loss of £300 million, highlight the risks associated with remote work. Experts suggest that remote devices are a major vulnerability, with a staggering number of businesses having been targeted by ransomware in the last year.
Key Points
- 62% of security leaders describe remote devices as the biggest weakness in their digital defences.
- 51% of businesses experienced ransomware attacks in the past year, with many citing it as their top concern.
- The average cost of a ransomware attack in the UK is around £850,000.
- M&S’s recent cyber incident illustrates how human error can lead to catastrophic consequences for businesses.
- Recent coordinated attacks on major retailers underline the growing threat posed by cybercriminals.
Why should I read this?
If you’re a business owner or part of an organisation that has embraced remote work, this article is a must-read! It uncovers the alarming realities of cybersecurity threats that could potentially cripple your operations. After all, who wouldn’t want to protect their job and company from devastating attacks? Dive into the details and arm yourself with the necessary insights to safeguard your workplace.