Featured BusinessesAre cyberattacks on the rise?

Are cyberattacks on the rise?

Our lives have moved increasingly online in recent years. The smartphone is now our bank, retail outlet, TV and cinema.

All of those apps means that a huge amount of your personal data is stored in online spaces – and accessing these details is a huge focus for cybercriminals, who may look to exploit you or profit from selling on sensitive information.

Here we’ll look at the numbers behind cyber crime and investigate what businesses can do to prevent themselves from being at risk.

What the numbers say

According to a recent survey by the UK Government, cyber crime is certainly on the rise.

Almost half of businesses polled (46%) reported cybersecurity breaches in the preceding year
A quarter of charities (26%) reported the same
These figures rocket for medium-sized businesses (68%), large businesses (75%) and high-income charities (57%)

Compared to previous surveys, there is a rise in attacks on charities. Just 19% reported being breached in 2018, for comparison.

Among the companies that reported a breach, 32% said they experienced security concerns at least once a week in 2020, a considerable increase from 22% reporting the same frequency just three years prior.

Different types of cyberattack

Phishing: A type of scam that sees malicious links placed into messages, such as SMS or email. Clicking the link could result in malware being spread to the network or contact details being harvested.
Malware: Malware is a piece of software designed to do harm. You may see some versions referred to as ransomware – this will limit the usability of machines or networks unless a ransom is paid.
Baiting: Similar to phishing, baiting involves tricking a user into downloading something – it may be masquerading as a smartphone app or a video clip – which then infects the device or network being used.

What can be done to stop cyberattacks

Preventing cyberattacks is as much about human action as it is about using technological assistance.

Making sure that your devices are properly password protected or company mobiles have biometrics activated ensures that data cannot be easily accessed if it falls into the wrong hands.

Similarly, remaining vigilant about messages from unexpected sources is key – as is driving these messages home to staff by way of cybersecurity training.

Protection can also be sought by way of taking out specific cyber risk insurance for businesses. This can help you repair the damage if the worst happens, but also provide you with further information on preventing attacks.

Latest

Sainsbury's Tu shoppers race to buy 'summer staple' linen trousers for £3 in clever deal stack

The £22.50 trousers are the perfect alternative to jeans on hot days, and now savvy buyers can bag them for less than the price...

Robert Faulkner’s The Mysteries of Rome and Intrigue delivers a thrilling cross-border adventure

Readers are being taken deep into a dangerous world of deception, suspense and international intrigue with the release of Robert Faulkner’s latest thriller, The...

Why Manchester Businesses Are Reassessing How They Transport Staff and Clients

Owning a vehicle fleet once made sense when running costs were stable and compliance demands were relatively unchanged. In Manchester today, neither holds true. Clean...

Man Utd news: Rashford transfer ramps up with new development as bidding war breaks out

MEN Sport unpacks the latest rumblings around Manchester United's summer transfer window, including the latest on Marcus Rashford's Barcelona moveIt's been well documented that...
Subscribe to our newsletter
Business Manchester will use the information you provide on this form to be in touch with you and to provide updates and marketing.
Don't miss

5 Modern Use Cases for Architectural Woven Wire

Woven wire has been a staple of industrial manufacturing for decades. But architects and interior designers have increasingly turned to it as a serious...

The fight for Oldham Council LIVE as independent group launches bid for control of town hall

An independent group will today bid to take over Oldham Council two weeks after the elections left the council in turmoil.Coun Kamran Ghafoor, who...

Makerfield by-election LIVE as Nigel Farage arrives in town and polls suggest 'Burnham bounce'

More in Common UK director Luke Tryl said: “This is one of the most high-stakes by-elections in history, and the future trajectory of the...

Full list of UK areas affected by yellow heat-health alert this week

Greater Manchester and the north west have not been included in the warningHere is a full list of the UK areas affected by the...

More News

Corporate event catering in Manchester – Who does it best?

When it comes to planning a corporate event, one detail that makes a lasting impression is the catering. Whether you’re hosting a team meeting,...

Joe Martin-Bindley’s guide to becoming a successful letting agent in the UK

Becoming a successful letting agent in the UK can be a rewarding career, offering both financial stability and the satisfaction of helping people find...

Why new fast trains between London, Manchester and Rochdale can slash fares

Planned new high-speed trains between London Euston, Manchester and Rochdale will compete with existing rail services, deliver lower fares and serve new routes. That's according...