The global cyber security and GDPR compliance platform, Naq Cyber, warned that ransomware attacks are increasing by 70 per cent every month.
Millions of businesses have moved their proposition online and shifted to remote working since the pandemic started but many still have little or no online protection in place and are therefore still vulnerable to these attacks, the report
Nadia Kadhim, CEO at Naq Cyber, commented: “Any UK business that has clients, employees or suppliers and especially if they have an online solution need to have a robust online security solution in place. So many businesses especially SMEs don’t believe they will be attacked and remain vulnerable to online criminals who can steal data, affect profits and cause disruption.
Along with the huge problems and financial impacts these attacks cause, businesses are also open to huge fines for a lack of GDPR compliance so protecting your business and data has never been more important.”
The data showed that one in six small business in the UK that had been impacted by a cyber-attack almost had to shut their doors due to the severity and impact on their business.
Nadia Kadhim, added: “It is critical that small businesses start taking this seriously and consider investing in ongoing protection and advice in the same way they would hire an accountant to manage their accounts.”
