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Cybersecurity identified as top concern for UK mid-sized firms

Cybersecurity is the top concern for mid-sized UK enterprises, with 43% fearing potential hacks and cyber attacks, a new report from UK-based MSP ANS reveals.

The ‘Business Blockers’ report also indicates that 45% of these companies doubt the strength of their cyber defenses. 

Stephen Crow, Head of Information Security at ANS, said: “The cyber threat landscape is ever evolving and, unfortunately, UK mid-sized enterprises are all too often the target for cyber criminals. All businesses, regardless of their size and turnover, must invest in cyber security now and take a proactive stance. 

“Understandably, keeping up to date with the latest threat intelligence and advice can be daunting, but a digital transformation partner can help ensure the process is as seamless as possible.”

Despite the escalating threat landscape, a significant number of UK businesses remain complacent about cybersecurity. The findings show that 35% of businesses are not very concerned, and 14% are not concerned at all, highlighting a need for better education on cyber threats. 

Other major concerns for businesses include the cost of operations (42%), meeting growth targets (35%), adequacy of technology (29%), and competition (27%).