Fast-paced startup businesses are an exciting place to work, with huge opportunities for growth. But sometimes that growth means cybersecurity can take a backseat. Yet a cyberattack can be devastating for businesses large and small, quickly knocking its trajectory off course with the click of a button.
This is why it’s so worrying to see that the smallest UK businesses (micro-businesses) appear to have deprioritised cybersecurity, with the percentage saying it is a “high priority” dropping from 80% to just 68% this past year.
The data indicated that wider economic pressures could be a contributing factor to this decrease, as inflation and financial uncertainty continues. Though it might be tempting to cut back on cybersecurity in the current market and reduce costs to maintain and grow profitability, this isn’t recommended....