Cyber Security Force

Cyber Security Force

Large scale cyber security breaches make the headlines but about 70% of organisations are not reporting their worst security incidents- so what is making the news is just a small proportion of the breaches that are actually taking place. Britain is being targeted by up to 1,000 cyber attacks every hour.

For small organisations the worst breaches cost between £65,000 and £115,000 on average and for large organisations may run to many millions of pounds. These costs can occur as direct financial losses due to fraud or theft; the loss of productivity due to time spent recovering from the effects of a successful attack; or the lost of trust and reputation.

Cyber security is definitely one of those areas where you need to evaluate the validity of any information you find online before accepting it. The figures about the prevalence and under reporting of cyber attacks comes from a 2010 CyberSecurity Watch survey carried out in the US by a number of organisations, including the US Computer Emergency Response Team. The survey states that ‘the public may not be aware of the number of incidents because almost three-quarters (72%), on average, of the insider incidents are handled internally without legal action or the involvement of law enforcement.’

The estimate of 1000 attacks per hour is based on the BIS Cyber Security Breaches Survey 2014. We took the number of organisations that reported that they were attacked ‘hundreds of times a day’ in different ways, and assumed that each of these responses were attacked a minimum of 100 times per day, we worked out that there were at least 24156 attacks per day across the 1098 organisations surveyed. Dividing this by 24 suggests that there are a minimum of 1000 attacks per hour