Cyber-attack impact severely underestimated by SMEs

Posted on 10 Feb 2016 by Jonny Williamson

Small manufacturing businesses are undervaluing the impact a cyber-attack could have on their reputation and must take steps to protect it, according to a new report by the Government’s Cyber Streetwise campaign and KPMG.

Despite the majority (96%) of small manufacturing businesses surveyed thinking about their company’s reputation frequently or all the time, they aren’t considering how a breach could affect it. In fact, just 30% of those surveyed that haven’t experienced a breach say the potential damage a cyber breach could cause is an “important” consideration.

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