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96 % of UK Corporations Hacked: Is Anyone Really Safe?

Is anyone safe from hacking New data has revealed a staggering percentage of UK corporations reporting security breaches. The hacks appear to be for a number of reasons, namely to steal, change or publicise important data. According to the government-commissioned 2015 Information Security Breaches Survey conducted by PwC, 90% of the bigger organisations polled reported breaches – more than 10% up on last year’s figures. Smaller firms have also seen a leap in successful hacks, with 74% now admitting to being left vulnerable to attack. The survey also showed that the majority of businesses expect their incident rate to further increase in the coming year. What is perhaps most disconcerting however is the nature of the attacks, which are predominantly being targeted by outsiders via the use of malicious software. While many firms are doing what they can to protect themselves from cybercrime, there remain a significant number of UK businesses – 9.1% - that have yet to implement any kind of safeguarding procedure. This trend is by no means exclusive to the UK either. In the world’s longest running and most comprehensive research on senior financial executives, the latest round of data from the Global Business Outlook Survey shows increased hacking to be a global issue. 92% of polled businesses across Europe have been hacked, with 23% not acting to prevent attacks. More than 80% of firms in the US have been breached, with a further 85% across Asia, Africa and Latin America. It is clear then that cybercrime is not going to go away anytime soon. But with so many businesses failing to protect themselves, the real problem seems to be a little closer to home. Thus the role of the in-house ITC security team is becoming more important than ever.