Government research has shown that two-thirds of the larger companies in the UK have been subjected to a cyberattack within the last 12 months.
Many of these attacks have been carried out using malware, spyware, or viruses, according to the Cyber Security Breaches Survey. It has also been revealed that a quarter of large companies have suffered a breach in their security an average of once a month. Ed Vaizey, the digital economy minister, has said that businesses must become much more secure and ensure that they can protect their data.
Some of these data security breaches have cost the companies millions of pounds to put right. The results of the survey have been made public in conjunction with the Cyber Governance Health Check, which was carried out after the major data security breach at Talk Talk last year. Mr Vaizey has said that the UK is a leader in the world’s digital economy and that digital security is now a top priority.
He has pointed out that there are many companies now that are losing money as a result of data security breaches. The information provided by the survey also shows that 70% of these attacks could have been prevented and that only 20% of companies realise the risks of passing data onto third parties.
Over the next five years, the government will be investing £1.9 billion in the fight against cybercrime, and there will be support offered by the new National Cyber Security Centre. There are also plans to publish a national cyber security strategy designed to improve online security systems.