A new report has revealed that UK charities have, on average, suffered five cyber-attacks in the past year.
The alarming figures have been published in Under Attack: Assessing the struggle of UK SMBs against cyber criminals, by online encryption specialists Appstractor Corporation.
The study shows that 80 per cent of charities have been attacked between four and 10 times in the past 12 months.
It also reveals that 43 per cent haven’t upgraded their cyber security policy in the past year, despite the number of attacks faced.
Appstractor Corporation CEO, Paul Rosenthal warned that charities of all sizes had become a target for cyber criminals.
“The cost of a cyber breach goes far beyond just the financial impact, even after GDPR – charities risk damaging their reputation and good work by not deploying the proper protection,” he said.
At JW Hinks, we understand that cyber-attacks can place additional financial strains on a charity particularly where cash flow is already an issue.
Our charity team has experience in helping charities with their accountancy, audit and tax requirements and can help you to operate as efficiently and cost-effectively as possible.
To find out how we can help put in place a robust financial plan which will help your charity to realise its goals, please contact us.