75% of large and medium businesses struck by cyber attack

02 April 2024

According to government data, three quarters of medium and large sized businesses were hit by a cyber incident in the past year, as attacks against large businesses are on the rise.

The minister for artificial intelligence (AI), Viscount Camrose, has urged British businesses to bolster their cyber-attack defences as nearly 80% of high-income charities faced cyber security breaches in the same period. He emphasised the need to strengthen cyber resilience across the board to safeguard critical assets, customers, and the broader economy.

The government has introduced the Cyber Governance Code of Practise to help business leaders build stronger cyber protections and prepare response and recovery plans following cyber-attacks.