Half of small UK businesses hit by cybercrime in 2015
A new Barclaycard survey of 250 small businesses in the UK revealed that half of them were the victims of cybercrime in 2015, and 10% suffered repeated attacks.
And even though 54% are worried they could be at risk from an attack in the future, just one in five see tackling cybersecurity as a priority. On average, the impact of a cyberattack costs UK small businesses between £75,000 and £311,000 in lost sales, business disruption, recovery of assets, fines and compensation.
Of the businesses surveyed, 44% said they themselves are responsible for protecting their company. 23% say they see it as their website host's responsibility to provide support, and 12% think it is the responsibility of their payment provider to protect businesses from an attack.
Paul Clarke, Product Director at Barclaycard, said: “Businesses of all sizes face a constant and growing threat from cybercrime. As our research shows, many small businesses are failing take the necessary precautions, either because they don’t know how to protect themselves or, more worryingly, because they don’t think they need to."
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