For obvious reasons, cyber attackers are much more prone to go for companies rather than individuals. This enables them to access more data from more people by hacking into company systems. Earlier this year, a Blackburn-based vehicle hire company named MNH Platinum was attacked by a virus that encrypted over 12,000 files on the company network. Because no one could remove the virus, the company had to pay a ransom of 3,000 pounds sterling to recover their information. According to experts on the matter, small companies are becoming primary targets for hackers today. Toni Allen, UK head of client propositions at the British Standards Institute (BSI) said: “SMEs have not historically been the target of cybercrime but in 2015 something drastically changed,”.
But, small companies are not the only targets. Although online security in the UK has tightened up over the past five years, larger firms are still victims of cybercrime. In 2015, Talk Talk, a company who offers TV, broadband and mobile phone services had its third big security breach which experts believe, gave the hackers access to over four million of their customers details. The tough reality is that large companies are being attacked all day, every day and that over one million, new, malicious programs are being designed daily. Now, companies stay more prepared for attacks rather than just relying on technology to keep them safe. It can take over 200 days for a company to realise they have been hacked therefore, relying on simple antivirus software doesn’t cut it.
Although companies across the UK have put up their firewalls up and kept up to date with latest technologies, prohibiting unauthorised individuals into their systems, regular hacks are still inevitable. Since threats have become more regular , GOV.UK have upped the anti and provided regular updates to guides and measures that can be taken to enhance cyber security. Among these guides, the UK government highlights the importance of getting the basics right. Some of these basics include: downloading software updates, using strong passwords, deleting suspicious emails, using antivirus software and providing proper training to teams. A cyber attack can ruin a company. This harsh truth is even more prominent for small businesses. It is crucial to plan, implement and review you cyber security regularly.