47 percent of small businesses suffered at least one cyber attack in the past year, only 35 percent of them took action following a cyber security incident to mitigate against another. Forty-four percent of small businesses that reported a cyber attack in the past year experienced two, three or four attacks.
The 2018 Hiscox Small Business Cyber Risk Report also found that only 52 percent of small businesses have a clear strategy around cyber security. That’s despite the fact that two-thirds of small businesses surveyed reported cyber risk as a top concern for potential business impact on their organisation in the coming year.
Falanx Group (LON:FLX) protect, defend, and inform businesses to help them achieve success in the face of growing political and cyber risks.