One in four businesses hit by cyber crime

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Over a quarter of small and medium-sized businesses in Yorkshire and Humberside have suffered an online security breach in the last 12 months, research has revealed

Just under 65 per cent of local SME owners polled in the Close Brothers Business Barometer, a quarterly poll of SME owners and senior management that gauges sentiment on a number of issues, described themselves as being very concerned about the impact this type of crime could have on their business.

Mike Randall, CEO of Close Brothers Asset Finance said: “Cyber crime, including data corruption, hacking and virus infections, can prove to be a major barrier to growth for small firms. In fact, the Department for Business, Innovation per cent Skills estimates that this kind of attack costs the targeted company an average of £35,000 to £65,000.

 

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