Study reveals data breach fines cost UK businesses £250,000

24/04/2023 |

A new study by has revealed the average cost to UK businesses following a data breach. The inaugural State of Information Security Report, which included responses from 500 information security professionals, found the average fine for violating data protection rules over the last 12 months was just under £250,000. Other findings highlighted 91% of businesses experienced at least one cyberattack, while 57% suffered at least one information security incident due to their supply chain.

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UK Money, pound coin, monetary penalty, fine

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