Cyber crime has been making headlines for quite many years now, especially when large corporations are involved. The losses incurred as a result of cyber attacks are not just operational, but legal and reputational as well. However, a fundamental fact that doesn’t get reported upfront is that small and medium-sized business have equally been at the suffering end of the menace known as cyber crime.
Here’s a look at the latest statistics unveiled by the UK government (source: Cyber Security Breaches Survey 2017 by gov.uk)