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Ransomware attacks caused a fifth of infected SMEs to cease business operations immediately

Ransomware attacks caused a fifth of infected SMEs to cease business operations immediately

News   •   Aug 10, 2017 09:00 BST

More than one-third of businesses have experienced a ransomware attack in the last year, and more than one in five (22%) of these impacted businesses had to cease operations immediately, according to a study by Malwarebytes.

Nearly three-quarters of SMEs are not prepared for cyber security risks

Nearly three-quarters of SMEs are not prepared for cyber security risks

News   •   Aug 09, 2017 09:00 BST

Nearly all (96%) of small to medium-sized enterprises (100 to 499 employees) in the US, UK, and Australia believe their organizations will be susceptible to external cyber security threats in 2017, according to a study by Webroot. Yet, although businesses recognise the growing threats, 71% still admit not being ready to address them.

Nearly a million UK SMEs suffered a cyber security breach in the last year

Nearly a million UK SMEs suffered a cyber security breach in the last year

News   •   Aug 07, 2017 14:00 BST

Almost one in six (16%) SMEs have fallen victim to a cyber attack in the last 12 months, equating to more than 875,000 nationwide, according to the findings of a study conducted by Zurich. Businesses in London are the worst affected with almost a quarter (23%) reporting that they have suffered a breach within this period.

UK small businesses face uncertain funding future

UK small businesses face uncertain funding future

News   •   Aug 02, 2017 09:00 BST

More than a third (35%) of SMEs in the UK are increasingly concerned about their ability to gain funding in the run up to Brexit, a study by Hiscox has revealed. Recent economic and political uncertainty has adversely affected business confidence, and caused concern for the future as the UK’s withdrawal from the EU becomes nearer.

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The relevance of business continuity guidance for small and medium sized businesses

The relevance of business continuity guidance for small and medium sized businesses

Blog posts   •   Apr 27, 2015 11:38 BST

SME are susceptible to the same set of threats that are faced by the rest of the industry. The likelihood of such threats is different in an SME environment than for the general corporate world – for instance while an SME may face adverse weather and unplanned utility outage with perhaps the same probability or frequency, the risk of cyber-attack or data breach may be less likely.