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96% Of UK Firms Have Been Hacked


96% Of UK Firms Have Been Hacked
16th June 2015

by Shannon Greenhalgh

Haven't been hacked? Then your businesses is a rarity. A new study has shown how as many as 96% of UK corporations have been hacked by cyber criminals with the intention of stealing, changing or making public important data, reports Computer Weekly.

What's more, 9.1% of UK firms are not protecting themselves from hacking – even though organisations seem fully aware of the real and growing threat: 59% of respondents expect to see more security incidents in future.

The study, a global business outlook survey of global chief finance officers and finance directors, was conducted by French business school Grenoble Ecole de Management, Tilburg University in the Netherlands, and the Fuqua School of Business at Duke University in North Carolina, US.

There has been a slow change in the character of attacks, the researchers found. Outsiders appear to be targeting large and small organisations more than ever, with malicious software affecting nearly three-quarters of large organisations and 60% of small organisations.

Meanwhile, firms are finding it hard to find qualified staff to ensure the safety of their IT systems. Just over half of chief financial officers named difficulty in hiring and retaining qualified employees as a top three concern.

Looking at Europe, the proportion of corporations that have been hacked is slightly lower - 92% of corporations have suffered breaches, while 23% have not acted to prevent attacks.

And in the US, 80% of companies said they have been hacked. In Asia, Africa and Latin America, the figure stands at 85% of firms.

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