10 UK Cybercrime Statistics

Did you know as of October 2022, 39% of UK businesses have experienced a cyber attack, the same as in 2021. However, the figure has dropped since 2020 (46%).

“Cyber crime is the greatest threat to every company in the world.”

• According to 31% of these businesses, they were attacked at least once a week.
• During 2021, cybercrime cost UK businesses an average of £4200. It is estimated that this number increased to £19,400 solely for medium and large businesses.
• As of October 2022, phishing remains the most common cyber threat facing UK businesses (83% of identified attacks).
• In the UK, 82% of business boards and senior management consider cyber security to be a high priority. In 2021, this number was 77%.
• The number of UK businesses that have taken action to identify cyber security risks has increased from 52% in 2021 to 54% in October 2022. However, this percentage has decreased from 64% in 2020.
• The risk posed by their immediate suppliers is assessed by 13% of UK businesses.
• Approximately 19% of UK businesses have a formal incident response plan.
• 39% of UK businesses have assigned roles should a cyber incident occur.
• 43% of UK businesses are insured against cyber attacks in 2022
• The most common type of cybercrime in the UK is phishing attacks, which come from hackers impersonating an organisation through emails or online.

Any questions? Please don’t hesitate to contact one of our team.

Stuart.belbin@ascendbroking.co.uk  |  Office: 01245 449060