Cyber security comprises technologies, processes and controls that are designed to protect systems, networks and data from cyber attacks.
Effective cyber security reduces the risk of cyber attacks, and protects organisations and individuals from the unauthorised exploitation of systems, networks and technologies.Cyber attacks can disrupt and cause considerable financial and reputational damage to even the most resilient organisation.If you suffer a cyber attack, you stand to lose assets, reputation and business, and potentially face regulatory fines and litigation – as well as the costs of remediation.
The UK government's Cyber Security Breaches Survey 2017 found that the average cost of a cyber security breach for a large business is £19,600 and for a small to medium-sized business is £1,570. Download the survey here.