Nearly three-quarters of UK businesses risk data loss every day

New research shows that a majority of businesses in the UK are at high risk of losing their data due to a lack of IT security skills and knowledge.

The research was done by virtualDCS, a Leeds-based cloud computing company. It asked decision makers a number of questions related to disaster preparedness in their organisations. The results show that nearly 72 per cent of UK businesses are not prepared for a cyberattack and have a high risk of losing 24 hours’ worth of data if this happens.

virtualDCS’ study reveals that if a breach like the WannaCry ransomware attack takes place, then it could cost the country billions of pounds.

The survey was done two days after the ransomware attack on the NHS; hence, participants showed awareness of the issue. This is not the first time that virtualDCS has conducted such a survey – a similar study on disaster recovery took place in 2016. Compared to last year, there appears to be an improvement, but on the whole, UK businesses are still not taking IT security and data protection seriously.

Since 2016, there has been an increase of eight per cent of businesses taking steps to protect their data. This year’s study also found that businesses are more confident about continued operation after a cyberattack. There was a two per cent increase in the number of businesses that have an actual recovery plan should they experience this type of security breach.

However, the findings of the study show that there are still too many businesses in the UK that have little or no understanding of disaster recovery. Merely 41 per cent are certain that they have a disaster recovery plan in place that would allow them to continue operating unhindered after a cyberattack, and nearly 13 per cent of UK businesses still do not create any backups of their data whatsoever.


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