Technology Sector Report July 2020 – Cyber Security

Robert Walters and Vacancysoft

July 2020

According to Ponemon data breaches have cost UK businesses an average of £2.48 million per instance, where increasingly businesses of all sizes are being targeted. Indeed, recent research by Hiscox, around 65,000 attempts to hack small- to medium-sized businesses occur in the UK every day, of which, around 4,500 of which are successful. The factor that in a recent study by ISC, it was found that only 28% of companies have sufficient cybersecurity staffing and across Europe, there is a talent shortage of 140,000.

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