Recovering from a data breach costs more in the UK than elsewhere

A business in the UK would need to spend over £1 million to recover from a security breach, new research has claimed. Read about the new 2017 Risk:Value report from NTT Group which reveals that United Kingdom businesses have to shell out more for data breach than the global average on IT Pro Portal.

A UK business will spend more than £1m recovering from a data breach

A UK business would have to spend £1.1m on average to recover from a breach – more than the global average of £1m. An NTT Security study of 1,350 non-IT business decision makers across 11 countries, 200 of which are from the UK, also reveals that respondents anticipate it would take, on average, almost three months […]

UK firms still relying on perimeter defences for cyber security

Despite the increasing number of data breaches and the looming GDPR compliance deadline, many companies are still relying on perimeter defences and are underinvesting in technologies to keep data safe, research has revealed. Read about the new fourth-annual Gemalto Data Security Confidence Index which reveals that 96% of UK businesses think that network perimeter security is effective […]

British businesses are unaware new data protection laws could cost them millions in fines

Almost two-thirds of British businesses are unaware they could face fines of up to €20million with the introduction of new data protection laws, according to a survey done by YouGov for national law firm Irwin Mitchell. Read about the new survey by YouGov which reveals that nearly two-thirds of United Kingdom businesses are unaware that […]

Top 5 worst data breaches to hit the UK

If we are honest, the news of a data breach no longer comes with a shock, as they are happening on a more and more regular basis in the UK and globally. In light of this increasing regularity and severity there was a broad selection to choose from when formulating this list of five of the […]

UK businesses at risk of huge fines by not complying with GDPR

Read why Owen Gough says that United Kingdom businesses run a risk of huge fines for non compliance with the upcoming GDPR regime on Small Business : Hundreds of thousands of UK businesses will be potentially at risk of huge fines (up to 4 per cent of a firm’s global annual turnover) by not complying […]

UK’s ICO Doubled Number of Data Breach Fines in 2016

UK firms were among the hardest hit in Europe when it came to breach-related regulatory fines last year, as the ICO stepped its enforcement work up considerably, according to new PwC research. Read about the new research by PwC which reveals that breaches of the Data Protection Act (DPA) in United Kingdom resulted in 35 […]

UK Healthcare Accounts for 43% of all Breaches

The British healthcare system experienced 2447 incidents and accounted for 43% of all reported incidents between January 2014 and December 2016. According to data received from the Information Commissioner’s office and analyzed by Egress Software Technologies, the number of incidents rose by 20% compared to the previous time period from 184 incidents in the last quarter […]

Data Breaches Could Cost FTSE 100 Companies $6.4B A Year In Fines

Money is currently dominating much of the conversation around the United Kingdom and the European Union it is set to leave. In less than 12 months — 25 May 2018 — and regardless of Brexit, EU regulation that overhauls the way companies acquire, retain and use personal data, will come into effect. Read about the […]

Health sector accounts for ‘43% of all data breach incidents’

The UK health sector suffered a disproportionate number of data breach incidents between January 2014 and December 2016. In total, healthcare organisations suffered 2,447 incidents and accounted for 43% of all reported incidents in the time period. Read about the new report by Information Commissioner’s office in United Kingdom which shows that healthcare firms accounted […]