Cyber attacks aren't just a problem for big-name brands. Small and medium businesses are increasingly in the crosshairs, according to new research from BT and Be the Business.
Two in five SMEs have never provided cyber security training to their staff, despite a sharp increase in attacks. In the past year alone, 42% of small firms and 67% of medium-sized companies reported breaches.
Phishing remains the most common threat, affecting 85% of businesses. But more advanced tactics are spreading fast, including ransomware and 'quishing' scams - where fake QR codes are used to steal data.
Recovering from a breach is costly. Micro and small businesses spend nearly