UK SMEs are incurring annual losses amounting to £3.4 billion due to inadequate cybersecurity measures.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cybersecurity measureSMEUK
60% of UK SMEs allow employees to use their own IT equipment when working from home.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
BYODRemote workPersonal deviceSMEUK
SMEs generate 25% of the UK's GDP.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
SMEUKGDP
6% of UK SMEs were targeted up to 10 times in a year.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cyber attackSMEUK
SMEs account for 99.8% of the UK’s business population .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
SMEUK
23% of UK businesses have been affected by ransomware .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
RansomwareSMEUK
20% of UK businesses have been impacted by Distributed Denial of Service (DDoS) attacks .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
DDoSSMEUK
SMEs employ two-thirds of the UK workforce.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
SMEUK
19% of UK remote workers are being targeted by cyber criminals .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Remote workSMEUK
28% of UK SMEs say that a single attack could put them out of business .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cyber attackAttack consequencesSMEUK
More than a third (35%) of UK SMEs experienced a cyber incident in 2024 alone.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cyber incidentCyber attackSecurity incidentSMEUK
More than a quarter (28%) of UK SMEs suffered between one and five attempted attacks.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cyber attackSMEUK
More than half (52%) of UK SME employees have received no cybersecurity training.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cybersecurity trainingSMEUK
More than one-in-eight (15%) UK SME employees have been banned from working from home due to the risk of falling victim to a cyber-attack .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Remote workSMEUK
More than a third of UK SMEs (38%) invest less than £100 a year in cybersecurity .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cybersecurity investmentBudgetSMEUK
The average cost of a cyber-attack for UK businesses with 50 or more employees was £5,0011.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cyber attackCyber attack costSMEUK
70% of UK firms have experienced phishing attempts.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
PhishingSMEUK
More than two-thirds (64%) of UK SMEs have staff working from home or other off-site locations regularly .
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Remote workSMEUK
The average cost of a cyber-attack for a small UK business was £3,3981.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cyber attackCyber attack costSMEUK
32% of UK SMEs have no cybersecurity protections in place at all.
VodafoneSecuring Success: The Role of Cybersecurity in SME Growth·Apr 7, 2025
Cybersecurity measureCybersecurity protectionSMEUK