The rising numbers of cyber threats is forcing firms to splash out on additional security tools and plan new strategies for dealing with incidents, according to a poll of V3 readers.
In light of numerous incidents that have come to light this year – and highlighted by a recent Federation of Small Businesses report that pegged cyber losses for small firms at £800m – we asked V3 readers how concerned they are by this rising threat.
Over half – 51 percent – said they were ‘highly concerned’ and had put new security measures in place to protect themselves as a result of the incidents they are seeing. A further 15 percent revealed that they had already been targeted and had to take steps to remedy the issues caused.
These figures are perhaps no surprise given the rise in the issues reported by V3 since the turn of the year, as cyber criminals dream up ever more sophisticated tools to attack firms. This has seen an increased use of exploits kits like Blackhole to distribute malware and a rise in phishing attacks, such as those that recently affected The Telegraph. Mobile malware has also grown in the form of tools such as BadNews while attacks on Apache webservers shows just how widespread attacks have become.
Despite this, though, many companies appear blasé to the threats facing them, with 17 percent saying they have never been targeted and don’t expect to be in the near future. This is perhaps surprising given the above threats and the willingness for criminals to target firms of any size.
The rest of the respondents were taking a cautious but confident approach to the situation. Nine percent said they were aware of threats but believe they are well protected, while eight percent are ‘keeping an eye on things’ but don’t believe they are at risk.
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