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Cyber security: long-term cost of most disruptive breach for UK businesses 2018
Cyber security: long-term cost of most disruptive breach for UK businesses 2018
Average estimated long-term cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of February 2018 (in GBP)
by S. O'Dea,
last edited
Jul 4, 2018
This statistic displays the average estimated long-term cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) in 2018, by business size. Large businesses reported that the average long-term cost of their most disruptive breaches amounted to 1,890 British pounds, whereas micro and small businesses reported an average long-term cost of 371 British pounds.
The average direct cost, recovery cost and long-term cost of the most disruptive security breaches and the average cost of all cyber security breaches, depend heavily on the size of the business.
Concerning the size of businesses, micro firms had two to nine employees, small firms had 10 to 49 employees, medium firms had 50 to 249 employees and large firms had 250 employees or more.
Average estimated long-term cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of February 2018 (in GBP)
Loading statistic...
| Average cost in GBP | |
|---|---|
| Large businesses | 1,890 |
| Medium businesses | 390 |
| Micro/small businesses* | 371 |
| All businesses | 384 |
| Average cost in GBP | |
|---|---|
| Large businesses | 1,890 |
| Medium businesses | 390 |
| Micro/small businesses* | 371 |
| All businesses | 384 |
© Statista 2019
About this statistic
Sources: Ipsos MORI; Department for Digital, Culture, Media and Sport (UK)
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Description
Source
More information
by S. O'Dea,
last edited
Jul 4, 2018
This statistic displays the average estimated long-term cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) in 2018, by business size. Large businesses reported that the average long-term cost of their most disruptive breaches amounted to 1,890 British pounds, whereas micro and small businesses reported an average long-term cost of 371 British pounds.
The average direct cost, recovery cost and long-term cost of the most disruptive security breaches and the average cost of all cyber security breaches, depend heavily on the size of the business.
Concerning the size of businesses, micro firms had two to nine employees, small firms had 10 to 49 employees, medium firms had 50 to 249 employees and large firms had 250 employees or more.
- Sources
- Ipsos MORI; Department for Digital, Culture, Media and Sport (UK)
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- April 2018
- Region
- United Kingdom
- Survey time period
- October 9, 2017 to December 14, 2017
- Special properties
- Respondents are 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: "Micro and small firms have been merged to make this analysis more statistically robust"
Source
- Sources
- Ipsos MORI; Department for Digital, Culture, Media and Sport (UK)
- Show further sources information
- As a Premium user you get access to the detailed source references and background information about this statistic.
- Show publisher information
- Release date
- April 2018
More information
- Region
- United Kingdom
- Survey time period
- October 9, 2017 to December 14, 2017
- Special properties
- Respondents are 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: "Micro and small firms have been merged to make this analysis more statistically robust"
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Statistics on "Internet of Things security in the United Kingdom (UK)"
- Introduction
The most important statistics
- How knowledgeable would you describe yourself in identifying devices that are considered part of the “Internet of Things”?*Knowledge about identifying "Internet of Things" devices in the UK 2016
- Which of the following “Internet of Things” devices, if any, do you own?Ownership of Internet of Things (IoT) devices in the UK 2016
- Do you own or regularly use any of the following “connected devices”?*Internet connected devices usage penetration in the United Kingdom (UK) 2014
- Which of the following “Internet of Things” devices, if any, would you like to get in the next 12 months?*Internet of Things devices to be obtained in the next twelve months in the UK 2016
- Security concerns
The most important statistics
- How knowledgeable would you describe yourself in identifying “Internet of Things” devices that have been enhanced with Augmented Reality?Knowledge in identifying (IoT) devices enhanced with Augmented reality in the UK 2016
- To what extent do you agree or disagree that your life would improve with these hypothetical applications of augmented reality in daily life, using Internet of Things devices.Concern about the impact on daily life with Internet of Things (IoT) in the UK 2016
- Generally, how concerned, if at all, are you that potential Augmented Reality enhancements may make your “Internet of Things” device(s) more vulnerable to a privacy breach?Concerns about privacy breach with Internet of Things (IoT) devices in the UK 2016
- To what extent will augmented reality provide you these benefits in the workplace?Potential benefits of augmented reality in the workplace in the UK in 2016
- Please indicate your level of agreement with the following statements on how the application of augmented reality in the workplace, using Internet of Things devices would make it easier to do your job*Level of agreement that work is easier with Internet of things devices in the UK 2016
- What do you think is the likelihood of a company being hacked through an Internet of Things (IoT) device?*Likelihood of company being hacked through IoT device in the UK 2016
- How concerned are you about the collection and usage of personal data by organizations through connected devices?*Level of concern over data collection by connected devices in the UK in 2015
- Cyber attack prevention
The most important statistics
- At what age, if at all, do you think the average person in your country should be first educated about cybersecurity best practices?*Age at which education of cyber security best practices should occur in the UK 2015
- Who, if anyone, do you think should be responsible for teaching children (under 18 years old) about the potential risks of the “Internet of Things”?*Suitable teachers for potential risks of Internet of Things for children UK 2015
- In your opinion, how important is it that data security professionals at organizations that have access to your personal information hold a cybersecurity certification?*Importance of cyber security certifications for data security professionals UK 2015
- How vulnerable do you think your current workplace is to “virtual graffiti” attacks?Vulnerability of workplace to 'virtual graffiti' attacks using IoT devices in UK 2016
- Do you think your IT department is aware of all of your organization’s connected devices?*Share of IT department's awareness of organization's connected devices in the UK 2016
- Do existing security standards in the industry sufficiently address IoT?*Existing security standards addressing Internet of Things (IoT) in the UK 2015
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- Share of entities cyber security attacks are reported to by businesses in the UK 2018
- Time to identify the most disruptive breaches by United Kingdom (UK) businesses 2018
- Cyber security: average direct cost of most disruptive breach for UK businesses 2018
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- Share of most common actions following a cyber security breach in the UK 2018
- Share of businesses with unknown cyber security breach source in the UK 2018, by size
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- Large organisations by type of attack by unauthorised outsider in the UK 2014-2015
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Statistics on "Internet of Things security in the United Kingdom (UK)"
- How knowledgeable would you describe yourself in identifying devices that are considered part of the “Internet of Things”?*
- Which of the following “Internet of Things” devices, if any, do you own?
- Do you own or regularly use any of the following “connected devices”?*
- Which of the following “Internet of Things” devices, if any, would you like to get in the next 12 months?*
- How knowledgeable would you describe yourself in identifying “Internet of Things” devices that have been enhanced with Augmented Reality?
- To what extent do you agree or disagree that your life would improve with these hypothetical applications of augmented reality in daily life, using Internet of Things devices.
- Generally, how concerned, if at all, are you that potential Augmented Reality enhancements may make your “Internet of Things” device(s) more vulnerable to a privacy breach?
- To what extent will augmented reality provide you these benefits in the workplace?
- Please indicate your level of agreement with the following statements on how the application of augmented reality in the workplace, using Internet of Things devices would make it easier to do your job*
- What do you think is the likelihood of a company being hacked through an Internet of Things (IoT) device?*
- How concerned are you about the collection and usage of personal data by organizations through connected devices?*
- At what age, if at all, do you think the average person in your country should be first educated about cybersecurity best practices?*
- Who, if anyone, do you think should be responsible for teaching children (under 18 years old) about the potential risks of the “Internet of Things”?*
- In your opinion, how important is it that data security professionals at organizations that have access to your personal information hold a cybersecurity certification?*
- How vulnerable do you think your current workplace is to “virtual graffiti” attacks?
- Do you think your IT department is aware of all of your organization’s connected devices?*
- Do existing security standards in the industry sufficiently address IoT?*
- Who was this (most disruptive) breach or attack reported to?
- How long was it, if any time at all, between this breach or attack occurring and it being identified as a breach?
- Average direct cost of the most disruptive cyber security breach for businesses in the United Kingdom (UK) as of February 2018 (in GBP)
- Average recovery cost of the most disruptive breach for businesses in the United Kingdom (UK) as of February 2018 (in GBP)
- What, if anything, have you done since this (most disruptive) breach or attack to prevent or protect your organisation from further breaches like this?
- Share of United Kingdom (UK) businesses who don't know the source of the most disruptive cyber security breach or attack in the last twelve months as of February 2018, by size of business
- Share of businesses in the United Kingdom (UK) who do not know what factors contributed to the most disruptive breach or attack within the last twelve months as of February 2018
- Have recent high profile breaches made you more concerned about cyber security breaches at your own firm?
- What type of incident do you consider as your worst breach this year?
- Share of organizations that believe to be able to detect cyber attacks on their own in Finland in 2016, by sector
- Have recent high profile breaches made you more concerned about cyber security breaches at your own firm?
- Share of respondents indicated costs of cyber security breaches at companies in Belgium in 2015*
- Type of cyber security incidents detected by firms in Singapore in 2016
- What steps have you taken to address the security risks associated with staff using smartphones or tablets?
- Which standards do you ensure your suppliers comply with?
- Number of cyber security incidents among firms in Singapore from 2014 to 2016
- Distribution of large organisations attacked by an unauthorised outsider in the United Kingdom (UK) in 2014 and 2015
- How concerned are you about cyber security threats to your company's networks and electronic data?
- How likely is it that businesses like yours will be the target of a cyber attack?
- Rate of small businesses suffering from security breaches in the United Kingdom (UK) in 2014 and 2015, by type of breach
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