The average cost of the most severe online security breaches for big business now starts at £1.46 million – up from £600,000 in 2014, according to government research published on 2 June 2015 to raise awareness of the growing cyber threat.
The Information Security Breaches Survey 2015, published by Digital Economy Minister Ed Vaizey and launched at the Infosecurity Europe event, shows the rising costs of malicious software attacks and staff-related breaches and illustrates the need for companies to take action.
For small and medium sized businesses (SMEs), the most severe breaches cost can now reach as high as £310,800, up from £115,000 in 2014.
At 01T we have positioned ourselves to protect clients against the increasing threats of malicious cyber attacks, by partnering with CNS Group. CNS Group gives 01T access to the most dedicated experts in Information Assurance and IT Security.
CNS are a specialist security consultancy, focused on network and host security and the issues around this that affect critical business operations. CNS have extensive experience in delivering security testing. They offer bespoke services to fit all requirements, they have in-depth experience of testing all types of systems from mobile banking apps to proprietary Industrial Control Systems. CNS holds the full CESG CHECK ‘IT Health Check Service’ accreditation, which links their wider expertise of IT security technologies with the unique InfoSec knowledge of the CESG.
To hear more about how we can protect your network, contact one of the team today:
UK: +44-207 186 0101 US: +1-212 8520 241 SG: +65-315 85 090 HK: +852-5808 2538