Locks and Security News: your weekly locks and security industry newsletter
21st October 2020 Issue no. 530
Your industry news - first
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Cyber security: the risks to small businesses owners
This year is already stacking up to be a seminal year in cyber security. We're only a couple of months into 2014 and we've already seen multiple stories highlighting the issue. In January, a large-scale theft of data on payment cards was uncovered, which affected 45 retailers in 11 countries. In February, we saw HMRC warning of tax rebate scams and there are reports emerging of fraudsters using online dating sites to ensnare victims.
Cyber security is not just an issue for large businesses. According to the Department for Business Innovation and Skills (BIS), small businesses are now experiencing cyber security incidents only seen previously in larger organisations. In fact, according to their research, 87% of small businesses had a security breach in the last year, which is up from 76% the year before.
26th March 2014