UK Businesses Shockingly Unaware Of How To Handle Security Threats
The Register, Monday, April 8th, 2024
Many decide to make no changes after detecting a breach
UK businesses' response to security breaches has "astounded" experts following the release of the government's official cybercrime stats for 2024.
The report from the Department for Science, Innovation and Technology (DSIT), released today, painted security as more of an afterthought for UK businesses, especially when considering the figures about how breaches are handled.
Some of the figures are remarkably low. For example, only 22 percent of 2,000 businesses have a formal incident response plan in place, which has "astounded" experts.
"Only a fraction of UK businesses have any kind of formalized incident response plan, which I find astounding," said Andy Kays, CEO at Socura. "Businesses will always have a plan in case of a fire, but will not apply the same due care for a data breach - which is statistically much more likely. It flies in the face of common sense."