UK SMEs Losing Billions to Poor Cybersecurity — Vodafone Report
Vodafone Business reports that UK small and medium-sized enterprises (SMEs) are collectively losing an estimated £3.4 billion each year because of insufficient cybersecurity measures. On average, a cybersecurity incident costs a small business £3,398. For companies with 50 or more employees, the average cost rises to £5,001, illustrating that risks and potential losses grow as … Read more