It seems like barely a day goes by without a new cybersecurity breach hitting the news. That’s not just some vague notion, either. The risks are very real.
That’s why this year’s Global Risk Report by the World Economic Forum listed cybersecurity attacks as the top threat to the global economy in 2018, alongside climate change. It’s a sign of the times: In 2016, companies revealed breaches of more than 4 billion data records – more than the previous two years combined.
And cyber security doesn’t only affect large corporates. Last year, a Government report found nearly half of all UK businesses suffered a cyber breach or attack in the past 12 months. For small businesses, the stakes are actually higher: the report found one in five small businesses took a day or more to recover from their most disruptive breach.