Cyber crime cost UK businesses more than £30 billion in 2023, and small businesses were among the worst hit

Cyber crime cost UK businesses over £30.5 billion in 2023, in accordance with new analysis, with more than 1 / 4 of all corporations throughout the nation impacted by assaults. 

Analysis from web service supplier Beaming discovered small businesses were the hardest hit, with a 42% improve in the variety of breaches since 2019, and a four-fold rise in the prices of cybercrime.

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