The UK's top 5 industries targeted by cyber criminals. The first one's a shock!

We're revealing the top 5 industries our 'delightful' cyber criminals love to target!

Hi, this is Mark Riddell, host of the Techcess podcast.

We talk about cyber criminals and cyber security on this podcast a lot. But in this episode we're actually going to list the industries most valuable to attack. If you work in any of them, you'll need to send the episode to your boss to listen to, asap!

As I recently spoke at a Cyber Lunch and Learn event, a question caught my attention: Do cybercriminals target all businesses equally? The answer is no, and in this episode, we'll explore the industries most vulnerable to cybercrime.

However, there's one industry on the list that may not apply to our listeners, yet it's still a shocker given the level of expertise and the value of the data within that industry!

But before we dig into the details, let's start with a quick introduction.

Despite warnings, cyber security still a massive threat to UK businesses!

Cybersecurity is a subject we've covered extensively on this podcast, and for good reason - it's the number one threat facing businesses today.

In the midst of a global digital transformation, where technology is advancing and businesses are moving towards the cloud, AI, blockchain, and Web 3.0, the possibilities seem limitless.

However, with these advancements come vulnerabilities, and cybercrime is on the rise year after year.

In fact, the pandemic and the shift to remote work have only accelerated cyberattacks.

In fact, the threat of cyber attacks has increased!

With employees working from home or public spaces, securing an IT estate has become more complex than ever. Unfortunately, cybersecurity remains an underinvested area for many businesses—most don't even have a dedicated cybersecurity budget.

This podcast aims to shed light on this critical issue and encourage businesses to take proactive measures.

Now, it's important to note that cyber criminals don't target only big tech giants and government agencies. Small and medium-sized businesses are equally at risk and often fall victim to cyberattacks.

The consequences are not limited to immediate financial loss but can also entail long-term damage to a company's brand, loss of customer trust, potential legal costs, and the high expenses associated with recovery.

the stats and facts

In this episode I'll be revealing the percentage of cyber attacks that target small businesses, and how many of those businesses that suffer an attack go out of business within six months.

The impact may not be immediate, but the implications on cash flow, sales, and customer loyalty can deal a devastating blow.

You'll definitely want to listen in as we get into the top five industries most affected by cybercrime in the UK.

Whether you're in these industries or not, this episode will provide valuable insights to help you safeguard your business.

What you'll learn from listening to this episode of Techcess

• Does cybercrime affect all industries equally?
• The significance of cyber security in all businesses.
• The impact of global digital transformation and technological advancements.
• The double-edged sword of technology, with limitless possibilities and vulnerabilities.
• Why we're not mentioning industries least affected by cybercrime!
• Some statistics around cyberattacks on small businesses.

Timestamped Summary:

00:00:00 Top 5 industries affected by cybercrime 00:04:09 Cybersecurity overlooked: Businesses lack budget and awareness. 00:07:38 Cybersecurity: Can you outrun the bear? 00:11:35 Anthem cyberattack: stats and numbers. 00:15:56 Cyberattacks on manufacturing - the impacts.