CYBER INSIGHTS: Thursday 06 March 2025 – Today’s SME Cybersecurity News & Intel – cyberinsights.iainfraser.net SME Cyber Insights - The UK Small Business Cybersecurity Network ... Helping Keep Small Business CYBERSafe with Practical Small Business Cybersecurity

Helping Keep Small Business CYBERSafe!
Gibraltar: Thursday 06 March 2025 at 07:00 CET

CYBER INSIGHTS: Welcome to Today’s Edition of CYBERInsights – The Roundup of Today´s UK Small Business Cybersecurity Best Practice & Advice …
Written & Curated By Iain Fraser – Cybersecurity Journalist
CYBERInsights – The UK Small Business Cybersecurity Network
#CyberInsights #CyberSecurity #CyberAwareness #CyberSafe #SME #SmallBusiness

1). CYBER INSURANCE: Cyberattacks have inflicted a staggering £44 billion (€52.64 billion) in revenue losses on UK businesses over the past five years, according to a report by insurance broker Howden. Over half (52%) of private sector companies reported experiencing at least one attack during this period, with the financial impact averaging 1.9% of annual revenue per business. The report highlights that businesses with annual revenues exceeding £100 million are the most frequent targets, underscoring the vulnerabilities faced by larger enterprises. However, the findings also reveal significant opportunities for cost reduction. Howden estimates that companies could slash Cyberattack-related losses by up to 75%—equivalent to £30 billion—by adopting basic Cybersecurity measures more broadly …

2). CLOUD SECURITY: AI – AI Surge Predicted to Fuel 20% Growth in Global Cloud Spending – Research Global cloud infrastructure services spending reached $86 billion in Q4 2024, marking a 20% year-on-year increase. Full-year spending also grew 20%, rising from $267.7 billion in 2023 to $321.3 billion in 2024. Market intelligence firm Canalys forecasts 19% growth in 2025, driven primarily by the rapid adoption of AI models. By late 2024, the top cloud vendors AWS, Microsoft Azure, and Google Cloud—reported strong returns on AI investments, with AI applications significantly influencing their cloud business performance. However, as AI-driven demand surged, capacity constraints limited growth, creating a tight supply-demand balance …

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 small businesses, as 87% of decision-makers express concerns about their inadequate protection against cyber risks …

CYBER EVENT: DDoS – Join the Exclusive DDoS Day 2025

DDoS attacks are often mistakenly perceived as a low-tech criminal nuisance, but the reality is far more alarming. As attacks grow in complexity and scale, they have become a critical tool leveraged by hostile states, posing a direct threat to national security and business resilience.

On March 20, 2025, the House of Lords DDoS Day, hosted by Red Button, will bring together some of the leading minds in Cybersecurity for an invite-only event, dedicated to equipping organizations with the latest strategies to combat modern DDoS threats.

CYBER Insights – Helping Keep Small Business CYBERSafe!

Launched in 2020 by Cybersecurity Journalist Iain Fraser and his team at IfOnly… CYBERInsights was developed to be the go-to platform providing definitive, reliable & actionable Cybersecurity News, Intel, Awareness & Training specifically written and curated for Small Business & Enterprise Owners, Partners and Directors throughout the UK. #CyberInsights #CyberSecurity #CyberAttack #CyberAwareness #Compliance #DDoS #Fraud #Ransomware #ScamAlert #SME #SmallBusiness #SmallBusinessOwner #ThreatIntel