The impact that cyber-attacks have on businesses can be nothing less than catastrophic. Not only do firms risk losing vital data and information to cybercriminals, but attacks can also result in them losing a lot of money.
A study conducted in 2016 by internet service provider Beaming claimed that breaches cost UK companies a total of £34 billion (around $42 billion, AU$56 billion) annually. And government statistics show that two-thirds of large organisations have experienced cyber-attacks in 2015-2016.
