Cost of business cyber security breaches almost double

Cost of business cyber security breaches almost doubles

Posted on 29 Apr 2014 by Tim Brown

The number of information security breaches affecting UK businesses has decreased over the last year but the scale and cost of individual breaches has almost doubled.

The Information Security Breaches Survey 2014, commissioned by the Department for Business, Innovation and Skills (BIS) and carried out by PwC, found that 81% of large organisations suffered a security breach, down from 86% a year ago. 60% of small businesses reported a breach, down from 64% in 2013. Although organisations are experiencing fewer breaches…

Cost of business cyber security breaches almost doubles

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