A report published by the UK Department for Science, Innovation and Technology (DSIT) revealed that half of UK businesses have reported a cyber incident or data breach in the past year. The Cyber Security Breaches Survey 2024 surveyed 2000 UK businesses and 1004 charities and found that cyber security breaches and attacks remain a common threat, with phishing being the most common type of breach or attack for both businesses and charities. The survey also revealed that medium and large businesses were more likely to have been affected by a breach or attack, with 70% and 74%, respectively, reporting an incident in the last year. The report estimated that the average cost of a disruptive breach was approximately £1,205 for businesses of any size, rising to £10,830 for medium and large businesses and £460 for charities.
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