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Increase in cyber-attacks

21% of businesses say they have suffered a cyber related loss in the last three years, and just over two thirds (69%) say this happened in the past 12 months, according to outsourced insurance buyer and claims resolution expert, Mactavish.

Mactavish’s research found that 41% of businesses claim that since the coronavirus crisis started, the level of potential cyber-attacks they are facing has increased. In terms of what types of cyber-attacks businesses say they have experienced over the past three years, 56% say they have received email-based scams, followed by 31% who say they have been targeted with malware, and 11% with potential data theft.

Of those businesses interviewed who have suffered a cyber-attack in the past three years, 69% said its impact was significant or very significant.