FSB calls for action on cyber security
The Federation of Small Businesses (FSB) is sounding a cyber crime alert, with a report that 41% of small firms have been hit by cyber criminals in the past year but less than 20% have taken steps to protect themselves.
The FSB is highlighting the figures from its new report, Cyber Security and Fraud: the impact on small businesses, along with 10 tips on good practice in cyber protection.
Its report, which uses a survey of 2,667 members of its Voice of Small Business Panel, shows that cyber crime is costing FSB companies about £785 million per year. About three in 10 have been victims of fraud, usually at the hands of a customer (13%) or through a 'card not present' sting (10%).