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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.
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.
