London, UK – December 15, 2023 – Sigma Cyber Security, a leading IT and cyber security firm, today released a comprehensive set of UK-specific cyber security statistics, highlighting critical trends and areas for improvement in the industry. 

Vital Statistics at a Glance:

Cyber Security Awareness and Implementation

External Guidance Sought: 49% of businesses and 44% of charities sought external cyber security guidance in the past year – Cyber security breaches survey 2023 – GOV.UK

Awareness of Cyber Essentials Scheme: Only 14% of businesses and 15% of charities are aware, with higher awareness in medium (50%) and large businesses (59%) – Cyber security breaches survey 2023 – GOV.UK

Adherence to ISO 27001: 9% of businesses and 5% of charities report compliance, rising to 27% among large businesses – Cyber security breaches survey 2023 – GOV.UK

Incident Response Preparedness

Formal Incident Response Plans: Only 21% of businesses and 16% of charities have them, increasing to 47% in medium-sized and 64% in large businesses -Cyber security breaches survey 2023 – GOV.UK

Cyber Crime Prevalence

Experience of Cyber Crime: 11% of businesses and 8% of charities faced cyber crime in the last year, with an average annual cost of £15,300 per victim – Cyber security breaches survey 2023 – GOV.UK.

Cyber Security Industry Growth

• Annual Revenue: £10.5 billion, up 3% from last year.

Employment: 58,005 people, a 10% increase from the previous year – Cyber security sectoral analysis 2023 – GOV.UK

Cyber Threats and Budgets

• Budget Increase Expectations: 59% of UK organizations expect increased cyber security budgets in 2023.
• Top Concerns: Cloud-related threats, business email compromise, and ransomware attacks.

Cyber Insurance and Spam Trends

• Cyber Insurance Adoption: 77% of UK organizations have cyber insurance.
• Spam Contribution: The UK contributed 1.66% of the world’s spam.

Data Breach Insights

• Nature of Breaches: 52% caused by malicious attacks
• Time to Identify Breaches: Average of 181 days to identify and 75 days to contain a breach

Sigma Cyber Security’s Role

In light of these statistics, Sigma Cyber Security reaffirms its commitment to aiding businesses and charities in enhancing their cyber security measures. We offer tailored solutions, informed by these latest trends and challenges, to safeguard digital assets effectively.

For more information and detailed insights, visit Sigma Cyber Security, or via our Google profile.

Media Contact

Sigma Cyber Security

Email: [email protected]

Phone: [01582 227867]

Address: 7 Piggottshill Lane, Harpenden, Herts, AL5 1LG, UK

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