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Cyber Security in 2024

Cybersecurity is an ever-changing field with new threats and challenges to businesses across the UK. The rise of AI-powered cyberattacks, advanced phishing schemes and ransomware attacks pose significant threats to businesses of all sizes. Advancements in cybercrime, and their threat to businesses, are only predicted to increase in 2024.[1] In a rapidly evolving landscape of cybersecurity, having a proactive approach is crucial to safeguarding your business.

There is a common misconception that cybercriminals only focus on larger businesses with substantial revenue. Recent reports, however, show businesses of all sizes fell victim to security breaches in the past year. The Department for Science, Technology and Innovation found that nearly a third of small business fell victim to security breaches in 2023.[2] Accounts of cybersecurity attacks dramatically increase to 59% for medium-sized businesses and 69% for large businesses. [3] Cybercrime is not selective in who it targets, and the consequences of an out-dated or rudimentary cybersecurity system can be costly. According to this same report, the single most disruptive breach cost to small and medium sized businesses is an average of £1,100 and £4,960 for larger businesses.[4]

The consequences of cybercrime are far too expensive and damaging to leave up to chance. Rather than waiting for disaster to strike, developing a proactive approach by outsourcing your cybersecurity can give your business the protection it needs. As specialists in cybersecurity, Indigo Technologies provides businesses with the expertise necessary for protecting your business. With an array of comprehensive cybersecurity solutions, Indigo can tailor your security system to best suite your business objectives. Indigo’s proactive approach to IT support also ensures your cybersecurity system is kept up to date and protected from new threats. Whether your business is small or large, investing in a proactive cybersecurity solution provides your business with the safety net it needs, whilst giving you the peace of mind to focus on your business. 

[1] Yampolskiy, A. “What does 2024 have in store for the world of cybersecurity?” World Economic Forum, 2024 [Online]: https://www.weforum.org/agenda/2024/02/what-does-2024-have-in-store-for-the-world-of-cybersecurity/

[2] Ell, M. and Johns, E. “Cyber security breaches survey 2023” Department for Science Innovation and Technology, 2024 [Online]: https://www.gov.uk/government/statistics/cyber-security-breaches-survey-2023/cyber-security-breaches-survey-2023

[3] Ibid.

[4] Ibid.

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