Reports of fewer cybersecurity breaches could actually mean the internet is getting more dangerous

A decrease in the number of businesses identifying cybersecurity breaches could indicate that criminals are in fact carrying out hidden attacks.

According to a government report, the average cost to companies that have been hit in the last 12 months is estimated to be £8,460, according to the annual Cyber Security Breaches Survey.

Nearly four in 10 firms (39 per cent) reported incidents for the 2021 study, down from 46 per cent the previous year, while the figure for charities remained unchanged at 26 per cent.

Despite the seemingly positive outcome, organisations are finding it harder to monitor employees as they work from home during the pandemic, meaning companies may be less aware of the breaches and attacks their staff are facing.

Concerns around unidentified activity slipping through the net are backed up as other survey results show leaders have not ramped up cyber defences and upgrading devices remotely has become more difficult.

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