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UK Businesses in Cyber Crisis: Poor Connectivity and Distrust in Data Fueling Vulnerability
UK businesses are quaking at the thought of a cyberattack, and it’s not just because they forgot their passwords. Poor connectivity and distrust in internal data are leaving them wide open to cyber threats. In a world where cybercrime losses hit $12.5 billion in 2023,…
Hot Take:
It’s like trying to fight off a cyber army with a butter knife while blindfolded – UK organizations are not feeling too confident about their cyber defense game, and the connectivity issues aren’t making it any easier!
Key Points:
- UK organizations lack confidence in their ability to withstand cyberattacks.
- Poor connectivity between departments and inability to show tech ROI are major hurdles.
- Only 25% of UK businesses believe they lead in cybersecurity performance in their sector.
- Distrust in internal data due to “multiple versions of the truth” and conflicting data practices is prevalent.
- Cybercrime is causing massive global financial losses, projected at $12.5 billion in 2023.
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