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Home / Technology / UK Businesses Risk Collapse from Cyberattacks

UK Businesses Risk Collapse from Cyberattacks

22 Jan

•

Summary

  • Over 10% of UK organizations could fail after a cyberattack.
  • Most leaders (71%) believe staff would fall for phishing.
  • Employees reuse work passwords on 11 personal accounts.
UK Businesses Risk Collapse from Cyberattacks

New data indicates a critical vulnerability within UK organizations, with over 10% potentially unable to withstand a cyberattack. This precarious situation is exacerbated by a rising threat landscape and prevalent poor cybersecurity practices.

Nearly two-thirds of business leaders report an increased risk of cyberattacks in the past year. A concerning 71% believe their employees are susceptible to phishing attacks. Furthermore, staff are reusing work passwords for an average of 11 personal accounts, amplifying the consequences of any data breach.

Despite these risks, simpler protective measures remain effective. Basic cyber awareness training has only been completed by 45% of staff. However, high-profile attacks on major companies have increased vigilance, with 89% of businesses feeling more alert. Awareness of AI-powered scams and deepfakes is also growing, with 70% more suspicious of suspicious video calls.

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Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Over 10% of UK organizations may not survive a cyberattack.
A significant 71% of business leaders believe at least one employee would fall for a phishing scam.
Increasingly sophisticated AI scams, deepfakes, and employee susceptibility to phishing are major concerns.

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