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A recent report based on a survey of nearly 7,000 cybersecurity decision-makers from smaller firms globally, including 1,000 from the UK, reveals that over one-third of small British companies experienced at least one successful cyber attack in the past year. These attacks cost affected UK businesses an average of £26,650 each and caused operational disruptions lasting around 32 hours. The report highlights increased spending on cybersecurity measures, with UK firms investing an average of £44,294 annually to protect against threats.
Written by the local model on 2026-09-15,
using this article's own text rather than the other coverage of the
same event.
Claims extracted
10
claim-shaped sentences
Uncertain
20%
2 of 10 hedged
Leaning
not political
takes no side on a contested political question
Correction & hedging signals
71.1
corrections and hedging in what we collected;
not a measure of accuracy
Outlets on this story
unclustered
not grouped into a story yet
Narrative spread
1
articles carrying this framing
Why this leaning score
This article does not take a side on a contested political
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No political leaning scored for article 10479 · logged 2026-09-15
Nearly two in five small British businesses were hit by a cyber attack in the past year at a cost of nearly £27,000 each, according to new research.
uncertain
businesses → hit → research
The report – based on results of a global survey of nearly 7,000 cybersecurity decision-makers in smaller firms, including 1,000 in the UK – found British firms were the most vulnerable among their global counterparts, with 29% worldwide saying they were hit by a successful cyber attack.
asserted
they → base → attack
Those affected globally reported an average of four cyber attack incidents over the same period.
asserted
Those → affect → period
In the UK, the cost of each cyber attack was 35,908 US dollars on average (£26,650), according to the study.
uncertain
cost → accord → study
Cyber incidents now cost firms worldwide around 52,000 US dollars a year on average (£38,604) and cause around 32 hours of operational disruption, it found.
But the survey shows the impacts can be far-reaching, with almost one in three (32%) of companies worldwide saying it delayed growth and expansion plans, and similar results for those saying it increased staffing costs (31%), caused financial damage (30%) and saw business opportunities lost (29%).
asserted
opportunities → cost → %
And more than a quarter of those impacted by a hack also faced financial penalties (28%), or bad publicity (26%).
asserted
quarter → impact → penalties
Firms are spending significant sums to ward off the threat of hacks, with the study revealing the average UK small firm spend on resilience measures is now 59,700 dollars (£44,294) – the third highest worldwide and above the 51,000 US dollar (£38,000) global average.
asserted
spend → spend → average
There is also an increasing trend to link pay for top bosses to cybersecurity, with 25% of small UK firms now doing so, and 32% worldwide.
asserted
% → be → firms
Eddie Lamb, global head of cyber at Hiscox, said: “During our 20-plus years of insuring cyber risks and our decade of cyber readiness research, we’ve seen a clear shift in the cyber threat and how businesses respond to it.
asserted
businesses → say → it
“Cyber risk has become a recurring cost, not an exceptional event, so the investment we’re seeing in cyber resilience is good news as businesses start to take back control.”
asserted
businesses → become → control