In a survey, conducted in the United Kingdom between October 2021 and January 2022, it was found that the average direct cost of the most disruptive breach among large businesses amounted to 4,050 British pounds. The survey respondents were UK businesses that had identified any cyber breach or attack in the last 12 months. The same survey revealed that micro and small businesses reported an average direct cost of 316 British pounds.
In the survey, large businesses are identified as having 250 employees or more, medium businesses have 50 to 249 employees, small businesses - with 10 to 49 employees, and micro-businesses were those having 1 to 9 employees.
Average short-term direct cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of 2022
(in GBP)
among UK businesses that identified a breach or attack in the last 12 months
Method of interview
Telephone interview
Supplementary notes
The source adds the following information:
"Survey respondents are 1,243 UK businesses; 696 micro firms, 264 small firms, 149 medium firms, and 134 large firms.
For businesses, analysis by size splits the population into micro businesses (1 to 9 employees), small businesses (10 to 49 employees), medium businesses (50 to 249 employees), and large businesses (250 employees or more).
We undertook a random probability telephone survey of 1,243 UK businesses, 424 UK registered charities, and 420 education institutions from 16 October 2021 to 21 January 2022.
We carried out 35 in-depth interviews between December 2021 and January 2022, to gain further qualitative insights from some of the organizations that answered the survey. Sole traders and public-sector organizations were outside the scope of the survey. In addition, businesses with no IT capacity or online presence were deemed ineligible. These exclusions are consistent with previous years, and the survey is considered comparable across years."
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GOV.UK. (March 30, 2022). Average short-term direct cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of 2022 (in GBP) [Graph]. In Statista. Retrieved August 16, 2022, from https://www.statista.com/statistics/709702/cyber-security-average-direct-cost-of-most-disruptive-breach-for-uk-businesses/
GOV.UK. "Average short-term direct cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of 2022 (in GBP)." Chart. March 30, 2022. Statista. Accessed August 16, 2022. https://www.statista.com/statistics/709702/cyber-security-average-direct-cost-of-most-disruptive-breach-for-uk-businesses/
GOV.UK. (2022). Average short-term direct cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of 2022 (in GBP). Statista. Statista Inc.. Accessed: August 16, 2022. https://www.statista.com/statistics/709702/cyber-security-average-direct-cost-of-most-disruptive-breach-for-uk-businesses/
GOV.UK. "Average Short-term Direct Cost of The Most Disruptive Cyber Security Breach for Businesses in The United Kingdom (Uk) as of 2022 (in Gbp)." Statista, Statista Inc., 30 Mar 2022, https://www.statista.com/statistics/709702/cyber-security-average-direct-cost-of-most-disruptive-breach-for-uk-businesses/
GOV.UK, Average short-term direct cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of 2022 (in GBP) Statista, https://www.statista.com/statistics/709702/cyber-security-average-direct-cost-of-most-disruptive-breach-for-uk-businesses/ (last visited August 16, 2022)
