Eight out of 10 firms vic­tims of cy­ber­crime

Irish Independent - - BUSINESS - Adrian Weck­ler

MORE than eight out of 10 Ir­ish small firms have fallen vic­tim to cy­ber­crime, ac­cord­ing to a new sur­vey from busi­ness lobby group ISME.

How­ever, 20pc of busi­ness bosses ad­mit that their firms don’t take ba­sic pre­cau­tions such as chang­ing pass­words.

Al­most two-thirds say they have suf­fered a com­puter virus in­fec­tion, a jump on last year.

Cy­ber­crime is now the third most com­mon crime re­ported by small busi­nesses in Ire­land af­ter bur­glary and van­dal­ism, ac­cord­ing to the ISME sur­vey.

How­ever, theft of com­pany data has de­creased to 5pc from 6pc last year and there has been a re­duc­tion in the num­bers of hard­ware thefts, down from 11pc in 2016 to 3pc in 2017.

Over­all, the high­est in­ci­dence of crime was re­ported in Dublin (41pc), fol­lowed by the rest of Le­in­ster (37pc) and then Ul­ster and Con­nacht (25pc).

Just over half (54pc) of en­ter­prises said the di­rect cost of crim­i­nal ac­tiv­ity was in the €1,000 to €5,000 range, while 10pc of busi­ness stated it was more than €10,000.

“Crimes against busi­ness takes many forms, but the area in which we see most in­creased ac­tiv­ity is cy­ber­crime,” said ISME chief ex­ec­u­tive Neil McDon­nell. “In­creased on­line busi­ness ac­tiv­ity has ex­pe­dited and ex­panded trade, cre­at­ing a cheaper, more flex­i­ble and far reach­ing busi­ness en­vi­ron­ment.

“But with this comes se­cu­rity risk. Busi­nesses must be­come more aware of the threats posed by cy­ber-at­tacks and take proper pre­ven­ta­tive mea­sures.

“It is wor­ry­ing that 20pc of busi­nesses sur­veyed do not change their pass­word set­tings.

“This is a very sim­ple pre­ven­ta­tive mea­sure any busi­ness can take.”

Newspapers in English

Newspapers from Ireland

© PressReader. All rights reserved.