CYBER INSIGHTS: Friday 07 March 2025 – Today’s SME Cybersecurity News & Intel Small Business Cybersecurity | SME Cyber Insights - Helping Keep Small Business CYBERSafe with Practical Small Business Cybersecurity

Helping Keep Small Business CYBERSafe!
Gibraltar: Friday 07 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). LATEST SME CYBER NEWS: UK SMEs Drive Surge in Business Funding for 2025 – Despite Economic Uncertainty The UK economy may be struggling, but young small business owners remain bullish on growth and investment, particularly in technology. According to a new survey by Purbeck Insurance Services, 70% of small business owners have either secured or plan to secure funding in 2025—more than doubling from 30% in 2024. More strikingly, over half (51%) are willing to sign personal guarantees, demonstrating strong confidence in their ventures despite financial risks. Young Entrepreneurs Lead the Charge The 25-34 age group is the most active in securing finance, with 76% planning to access funding this year …

2). 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 …

3). WHAT IS THE DEFINITION OF AN SME IN THE UK AND EUROPE: – CyberKPI: Small and Medium-sized Enterprises (SMEs) are not only the backbone but the lifeblood of the European business landscape, representing a substantial majority of all businesses. SMEs represent 99% of all businesses in the EU. SMEs are considered to be the backbone of Europe’s economy with 25m+ active entities employing 100m+ workers. The definition of an SME is based on specific criteria involving the number of employees, turnover, and balance sheet totals. . These thresholds are often used in assessing eligibility for government support, funding programs, and other benefits. Staff Headcount: Medium <250, Small <50, Micro <10 Turnover Medium <€50m Turnover Small <€10m Micro <€2m …

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