More than a third of small UK firms impacted by hacks – report

Firms are spending significant sums to ward off the threat of hacks (Alamy/PA) -

Nearly two in five small British businesses were hit by a cyber attack in the past year at a cost of nearly £27,000 each, according to new research.

The latest annual Hiscox Cyber Readiness Report shows 38% of small firms in the UK say they suffered a successful hack within the last 12 months.