Cyber Security
Cyber Security has its own Information Centre area as a reflection of its ever increasing importance.
In the twelve months to January 2022, 39% of the UK businesses surveyed had identified a Cyber Attack, including phishing attempts, while 21% identified a sophisticated attack type such as denial of service, malware, or ransomware. In the Government survey*, 31% of businesses estimated they were attacked at least once a week. The average cost of all reported cyber attacks in the period was £4,200, whilst for larger businesses this rose to £19,400. Even the lower figure could have a significant impact on a business.
Whilst we would never claim to be experts in the field, it’s an area that business owners need to consider and monitor.
This will never be a section that contains pages of posts, but hopefully those that do appear will be of value, and offer relevant suggestions.
Our best advice? Find a reliable, informed expert who can keep your business secure, and ensure your team are well trained to think before they act. The majority of issues arise because well intentioned employees fall foul of unscrupulous people who take advantage.
*Cyber Security Breaches Survey 2022
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Can I just say we are so pleased that we have moved to Baranov Associates. As we discussed when you visited, we had to find a way to take the stress out of all of the financials and you’re doing that for us! We can see how to use Xero more efficiently and so with us being as on top of it as we can be and with you and Liz we feel a lot more confident about our business being in good shape.
Mrs S James, Sandbanks Capital Partners Limited
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