Cloud Migration Services for UK SMEs

UK businesses typically allocate 13.2% of their total IT budget to cybersecurity. More than half of UK small businesses increased their cybersecurity spending in 2024. 85% of UK firms plan to boost their cyber budget for 2026. The cost of prevention is significantly less than the average breach cost of £3,550.

The average cost of the most disruptive breach is £3,550 for UK businesses. For businesses that experienced negative outcomes such as data loss or financial theft, the average cost rises to £8,260. Medium and large businesses face average costs of £10,830 per disruptive incident.

MFA requires two or more verification methods to access an account. Microsoft reports that over 99.9% of compromised accounts did not have MFA enabled. Only 40% of UK businesses have two-factor authentication enabled (DSIT 2025). MFA can prevent more than 99.9% of account compromise attempts.

Phishing is the most common attack type, identified by 85% of businesses that experienced a breach (DSIT 2025). Phishing accounts for 93% of cyber crimes against businesses. AI-powered phishing has driven a 204% increase in phishing emails delivering malware in 2025.

Only 14% of UK businesses formally review cyber risks from their immediate suppliers. 35.5% of all global data breaches in 2024 originated from third-party compromises. Supply chain attacks add an average of £241,620 to the total cost of a breach and take 267 days to detect and contain.