January 2023 – London, UK: TWC IT Solutions, one of London’s leading SME IT companies, announces the release of its UK Cyber Security Report 2022. In this report, the TWC has compiled and analyzed the top 200 cyberattacks recorded in the UK cybersphere from 2006 to 2022.
The Cybersecurity Report 2022 aims to inform and educate UK businesses on the increasing threat of cyberattacks in a post-COVID-19 era, and to encourage investment in a robust cybersecurity strategy.
Some of the key findings from the UK Cybersecurity Report 2022 are as follows:
- The retail (12.63%), financial (11.05%) and healthcare (9.47%) industries were hardest hit.
- 41.2% of the most significant UK cyberattacks since 2006 were recorded in 2022.
- 42% of the biggest cyberattacks in the UK targeted small and medium-sized businesses.
- Malware is the ‘king’ of UK cyber attacks, accounting for 49.14%, with ransomware being the #1 ‘deadliest’ threat to businesses.
- The average number of accounts affected during a data breach was 58,317,303.
- Historically, the first quarter has been the most dangerous period of a fiscal year in terms of hacking activity.
Paolo Sartori, CEO of TWC IT Solutions commented:
“The alarming increase in enterprise-related cyberattacks is undoubtedly due to poor security management in hybrid workspaces, as organizations still struggle to cope with the fallout from the pandemic and the additional financial burden it imposes on them. Prevention is always better than cure when it comes to mitigating the impact of cyberattacks on organizations – raising employee awareness and conducting regular cybersecurity training should never be underestimated as part of a successful defense strategy.”
Methodology of the report:
Using publicly available information, TWC IT Solutions analyzed the top 200 cyber attacks ever to have taken place in the UK since 2006, focusing on 16 distinct criteria per case. The processing and analysis of the report took place between October and December 2022.
The full cybersecurity report can be found here here.
