NCSC: Ransomware the Most Significant Cyber Threat Facing the UK

News and information from the Advent IM team.

The National Cyber Security Centre says that ransomware is now potentially as harmful as state-sponsored espionage.

According to the DCMS Cyber Security Breaches Survey published in March, 39% of all UK businesses (2.3m) reported a cyber breach or attack in 2020/21.

The report revealed that the onslaught of ransomware attacks shows no sign in easing in the future.

In fact, in the first four months of 2021, the NCSC reports that it handled the same number of ransomware incidents as for the whole of 2020, a number that was already more than three times greater than in 2019.

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