Government’s Cyber Breaches Survey - Their reporting on costs of a cyber-attack is way off

“The government’s reporting on costs of a cyber-attack is off by an order of magnitude. The Government’s Cyber Breaches Survey 2023 reported that the single most disruptive breach from the last 12 months cost each business, of any size, an average of approximately £1,100. These costs are way off by an order of at least one or two magnitudes."

Cost of a cyber-attack