875,000 UK small and medium businesses suffered cyber breaches in the last 12 months

Almost one in every four small and medium businesses in London suffered cyber breach incidents in the last twelve months.

Half of all small and medium businesses don't plan to spend more than £1,000 on cyber security in the next twelve months.

The Zurich SME Risk Index survey of over 1,000 small and medium businesses in the UK has revealed that in the last twelve months, one in every six such businesses were at the receiving end of cyber breaches. In London alone, at least one in every four such businesses (23%) suffered cyber breach incidents in the period, making London the worst affected among all UK cities.