UK companies hit by rise in costly hacking and phishing attacks
External attacks now account for two-thirds of incidents, says DTI… External attacks by hackers, organised criminal gangs and phishing fraudsters are responsible for a dramatic increase in the number and severity of security breaches among UK businesses. The figures are part of the biennial DTI Security Breaches Survey conducted by PricewaterhouseCoopers (PwC), which covers 1,000 UK firms. While only one in 10 security violations in large businesses were as a result of fraud or a breach of confidentiality/identity, they usually accounted for the biggest financial losses suffered, with half of those hit saying it was their worst security incident of the year. Full Story