Hospitality spends least on cyber-security shows sector-by-sector report

Despite repeated data breaches and hacking attempts, firms in the food and hospitality sector have spent the least on cyber-security in 2018-19, says a research report.

Specops Software, analysing the findings from to see how much 1,091 UK firms from a range of sectors have invested in cyber-security during 2018-19, said firms in the sector spent an average of just £1,080, a 20 percent increase from 2017-18.

More than half (55 percent) of UK-registered firms have already faced a cyber-incident and losses from breaches have accounted to a shocking £176,000 on average, according to the Cyber Readiness Report 2019 by Hiscox.

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Source: SC Media