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Cyber-crime's scariest stats

It’s the season of scares and, while we can be fairly confident that there are no real monsters lurking under our beds, what’s far more frightening is the very real threat of cyber-crime and the number of businesses that continue to leave themselves open to attack from an ever-increasing list of cyber security threats.
Cyber-crime's scariest stats

For a truly sleepless night, read on and discover some of the scariest statistics about cyber-attacks for businesses...

  • UK businesses have reported a 22% increase in cyber-crime in the past year, resulting in more than £1bn in losses
  • Cyber-crime is the fastest-growing area of economic fraud, accounting for 44% of Britain’s economic crime
  • Cyber criminals are becoming more prolific and successful – the number of successful attacks has risen 44% in the last year
  • Mandate fraud, where fraudsters trick employees into changing a direct debit or standing order by pretending to be a supplier, has increased by 65% in the past year.
  • There was a 36% increase in new malware variants used by hackers to compromise computers between 2014 and 2015
  • 86% of websites analysed in a recent survey were found to have at least one serious vulnerability
  • Global cyber-crime is forecast to reach $2 trillion by 2019
  • 71% of consumers believe cyber-attacks damage an organisation’s reputation
  • 65% of people think cyber-attacks decrease trust in a brand
  • 53% wouldn’t engage with the brand in future

PwC global corporate intelligence expert Mark Anderson believes ‘the threat of cybercrime is now a board-level risk issue, but not enough UK companies treat it that way.’ Based on our own experience, we’d have to agree.

Don’t become a statistic

It all sounds very scary, but in fact a straightforward network penetration test will quickly pinpoint weaknesses in your current IT security, help you understand potential problem areas and identify the necessary solutions. Click here to find out more and take an important step towards protecting your business from cyber-crime.

Dynamic insights & advice

Dynamic Networks completes a Management Buyout and commences its acquisition strategy.

"David Smith (CEO) and Gareth Leece (COO) have successfully completed an MBO of Dynamic Networks, working with Paul Landsman of Kingland Capital. The MBO provides for a simplification of the Board structure to allow for its continued accelerated growth strategy. The additional investment secured through Kingland Capital provides a significant fund for the Management Team to hire likeminded industry professionals in-line with its hiring plan and also acquire complimentary Cloud Managed Service Providers as they continue their objective to be one of the fastest growing MSP’s in the UK with a strong reputation for quality service. Further announcements to follow."