A recent report by the Information Security Breaches Survey suggests that 87% of SME`s (Small and Medium Sized Businesses) suffered security breaches last year, up by 10% on the previous year. 93% of larger organisations were also targeted. With the worst SME breaches costing between £35,000.00 and £65,000.00 while for the larger companies ranging between £450,000,00 and £85,000,00. The Technology Strategy Board has extended a scheme that allows SME`s to apply for up to £5000.00 in Innovation vouchers to help them improve their cyber security.
It is more bewildering that, even after a number of companies have had attempts of criminal activity against them in one form or another, albeit, theft or vandalism they still do nothing.
Where businesses employ staff that operate in areas of potential risk such as the retail or leisure industries to name a couple, there is in many SME`s a reluctance to employ non-invasive security measures such as CCTV or Access control or Intruder Alarms.
In a study carried out recently by Owl Locksmiths and Security and directed at small business customers of Owl Locksmiths and Security, it was surprised to find that the main reason was not a lack of finance, but the belief that firstly there was “no risk of local crime” thus no reason to apply security measures and secondly that “it will not apply or happen to us”. This came as a surprise in some cases as for a number of them were in what could only be labelled as a higher risk area.