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Cyber Security

Cyber security threats: a growing challenge for businesses and charities

Cyber security threats: a growing challenge for businesses and charities

Introduction

Cyber security breaches and attacks are on the rise for organisations of all sizes and sectors. According to the latest Cyber Security Breaches Survey 2024, published by the Department for science, innovation & technology, half of businesses (50%) and around a third of charities (32%) reported having experienced some form of cyber security breach or attack in the last 12 months. This is a significant increase to 2023 where 32% of businesses and 24% of charities were affected. The most common type of breach or attack was phishing (84% of businesses and 83% of charities), followed by impersonation (35% of businesses and 37% of charities) and malware (17% of businesses and 14% of charities).

Serious consequences for organisations 

These breaches and attacks can have serious consequences for organisations, affecting their reputation, productivity, and profitability. The survey estimates that the single most disruptive breach from the last 12 months cost each business, of any size, an average of approximately £1,205. For medium and large businesses, this was approximately £10,830. For charities, it was approximately £460.

Protecting your organisation with a proactive approach 

At HBTech, we understand the importance of cyber security for our clients, and we are committed to proactively helping them protect their data, systems, and assets from cyber threats. That’s why we offer a range of cyber security services and solutions, such as multi-factor authentication, encryption of hardware, gateway firewalls, and phishing tests on staff. We also provide cyber awareness training to improve employees cyber security knowledge and skills and help them identify and respond to potential cyber risks.

As part of our proactive not reactive strategy to cyber security, we provide our clients cyber security guidance through complimentary tailored articles, events, webinars and customised client security reviews. This approach helps clients to enhance their cyber security resilience, and reduce the risk of cyber-attacks and data breaches. For example, we recently published the following cyber security articles;

Achieving cyber resilience with the right strategy and support

Cyber security is a growing challenge for businesses and charities, but it is not impossible. With the right strategies, tools, and support, you can defend your organisation from cyber threats and ensure its resilience and success.

If you want to find out how HBTech can help you with your cyber security needs, please contact us or visit our managed cyber security webpage.

HBTech