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UK Information Security Breaches Survey 2014 - Worrying !!

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The UK government has published the Information Security Breaches Survey every year since the early 90s with the aim of increasing awareness of security risks. It’s an interesting read and provides a quantifiable insight into the current state of security across UK businesses.  This year’s report found that over 80% of large organisations and 60% of small organisations had a security breach in the last year. What’s more alarming is that breaches are costing twice as much as last year – the average cost of a breach to a large organisation is now £600k to £1.15m. This is predominantly driven by the costs of business disruption, incidence response, and lost assets and intellectual property.

 

Given the high costs, it doesn’t surprise anyone that security continues to be top of the list for UK businesses.  Around 80% of senior management ranking it as a high or very high priority and almost the same percentage have briefed their board on security risks in the last year. The majority of breaches take longer than a day to detect, while 14% of organisations took longer than a month to detect a breach, up from 9% last year. A bit of a worry is that 1 in 10 organisations discovered they had been breached by accident – you have to wonder if there are many more breaches that have yet to be discovered.

For further information please visit our website www.nsuretechnology.co.uk or contact Geoff Stanbridge on 01903-608106 or email @ This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Taken from www.community.rapid7.com – 8th May 2014

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