SME CYBER INSIGHTS: Tuesday 17 June 2025 – Today’s SME Cybersecurity News & Intel
June 17, 2025Helping Keep Small Business CYBERSafe!
Gibraltar: Tuesday 17 June 2025 at 07:00 CET
SME CYBER INSIGHTS: Welcome to Today’s Edition of SMECYBERInsights – The Roundup of Today´s UK SME Cybersecurity News, Intel, Best Practice & Advice …
Written & Curated By Iain Fraser – Cybersecurity Journalist
Published in Collaboration with: R3 Data Recovery
SMECyberInsights.co.uk – First for SME Cybersecurity
#SMECyberInsights #SMECyberSecurity #SMECyberAwareness #CyberSafe #SME #SmallBusiness
1). CYBER INSURANCE: What is Cybersecurity Insurance? Essential Protection for SMEs as increasing amount of UK Firms Cease Trading following Attack. SME Cybersecurity Insurance is a specialized insurance policy that provides financial protection and expert support when small and medium enterprises experience Cyber-attacks, data breaches, or other Cyber incidents. This coverage is specifically designed to address the unique vulnerabilities and resource constraints that SMEs face in today’s digital threat landscape. SMEs typically lack the financial reserves to absorb cyber incident costs, which average £4,200 for micro businesses and £19,400 for small businesses in the UK according to government statistics …
2). ThreatSpike’s €16.7M Funding – What It Means for UK SMEs Seeking Unified Cybersecurity Solutions. ThreatSpike, an end-to-end cybersecurity provider, has secured €16.7M ($14M) in Series A funding led by Expedition Growth Capital. The investment will accelerate the company’s global expansion as it continues to simplify enterprise-grade cybersecurity for mid-sized businesses through its fixed-price, all-in-one platform. Adding strategic weight to the funding round, Darktrace co-founder Emily Orton is joining ThreatSpike‘s Board of Directors, bringing extensive cybersecurity and growth expertise to guide the company’s next phase. UK SMEs face a common cybersecurity challenge: managing multiple, disconnected security tools that create gaps, increase costs, and require specialised expertise …
3). WHAT IS CYBER INSURANCE – Cyber Insurance: Essential Shield for Small Businesses in the UK and EU – CyberKPI: Cyber insurance serves as a critical financial safety measure for small businesses in the UK and EU, aimed at mitigating the financial risks stemming from cyberattacks and data breaches. With the rapid digitisation of business processes, the global Cyber Insurance market is projected to grow significantly, driven by heightened awareness of cyber threats and the necessity for regulatory compliance. This is particularly relevant for SMEs, as 87% of decision-makers express concerns about their inadequate protection against cyber risks …
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