Most UK businesses feel vulnerable to cyber threats, despite increased security spending

According to Thales' new report almost two thirds (63 percent) of businesses in the UK increased their cyber security spending this year, which is a jump from last year's 54 percent. However, despite this, 43 percent were breached last year (Thales fails to mention the percentage difference compared to a year earlier, though). More than four fifths (84 percent) still feel vulnerable to threats, with 20 percent feeling "very" or "extremely" vulnerable. There are some strange conclusions in the report, too. For example, the majority of businesses are using traditional cyber security methods, like network and endpoint security solutions. On… [Continue Reading]