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UK Firms Invest in Cybersecurity to Foil Attacks

May 03, 2018 / Phil Muncaster

There was good news for UK businesses this week after new stats from Beaming showed the number of cyber-attack victims fell by a fifth in 2017 from the previous year. The business ISP polled over 500 corporate bosses in micro-, small, medium and large businesses. Although around the same number of large (250 employee) businesses fell victim to cybercrime last year, the figure dropped significantly for smaller firms. The number of micro-businesses hit by attacks dropped from 31% to 18%; small business victim rates fell from 55% to 47%; and the figure for medium-sized businesses dropped from 65% to 57%. The ISP claimed that the stats could be explained by larger investments in cybersecurity tools and education. For example, the number of SMBs using network perimeter firewalls jumped from 54% in 2016 to 75% last year, and the use of intrusion detection systems and vulnerability scanners doubled. What’s more, the number of small businesses with documented security policies grew from ...