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Sigma Cyber Security, a leading IT and cyber security firm, has released key UK cyber security statistics for 2023, indicating critical trends and potential areas for improvement in the industry. Here are the crucial elements:
- External Cyber Security Guidance: 49% of businesses and 44% of charities sought external guidance on cyber security in the past year.
- Cyber Essentials Scheme Awareness: Only 14% of businesses and 15% of charities are aware of the Cyber Essentials Scheme, with higher awareness amongst medium (50%) and large businesses (59%).
- ISO 27001 Compliance: 9% of businesses and 5% of charities report compliance with ISO 27001, with 27% compliance amongst large businesses.
The survey also highlighted trends in cyber crime, incident response, cyber insurance, and spam. Encouragingly, 59% of UK organizations expect increased cyber security budgets in 2023, mitigating top concerns like cloud-related threats, business email compromise, and ransomware attacks.
- Cyber Crime Experience: 11% of businesses and 8% of charities faced cyber crime in the last year.
- Formal Incident Response Plans: Only 21% of businesses and 16% of charities have them in place.
- Cyber Insurance Adoption: 77% of UK organizations are insured against cyber threats.
- UK’s role in global spam: The UK contributed to 1.66% of the world’s spam.
The nature of data breaches has also been disclosed, indicating 52% were caused by malicious attacks and it took an average of 181 days to identify and 75 days to contain a breach.
In response, Sigma Cyber Security has reaffirmed commitment to aid businesses and charities in enhancing their cyber security measures, by offering tailored solutions aligned with the latest trends and challenges to effectively safeguard digital assets.
The UK cyber security industry growth statistics reveal an annual revenue of £10.5 billion, up 3% from last year, and an employment increase of 10% to 58,005 people.
