Man using his laptop in cafe as part of remote working following the global pandemic
1 min read

The Growing Pandemic of Cyber-Crime

Posted by Picture of Team B.E. Team B.E.

During the current Covid-19 pandemic, it has become clear that the frequency of cyber-attacks and associated security breaches has not diminished.

A survey from the UK Government indicates that in the last year:

  • 46% of businesses and 26% of charities or charitable organisations reported a breach or cyber-attack.
  • The number of organisations experiencing weekly issues has increased from an estimated 22% in 2017 to over 32% in 2020.
  • Around 20% of all organisations that have reported a breach or cyber-attack have reported either a loss of data, income or in some cases both.

Analysis of ICO data suggests that up to 90% of data breaches are a result of human error.

One of the most high-profile data breaches in recent months happened at British Airways. It was reportedly caused by an unintentionally opened phishing email and drew attention for the sheer size of the £20m financial penalty imposed by the ICO.

As companies invest vast amounts of resources on processes and systems, the adage 'a system is only as good as the people using it' comes to mind. As the ‘new normal’ revolves around working from home, with Zoom and Teams replacing face to face office contact, staff training and support investment has become more important than ever.

Empowering teams with increased knowledge of simple routine processes and policies is vital to minimising the risks of data breaches and cyber-attacks. Failing to do so may cause 2021 to show even further increased financial and data losses for businesses worldwide.

Return to listing