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The Growing Threat of Cyber Attacks: Why Safeguarding your customer's businesses has never been more critical

13.11.2024

As digital transformation accelerates, so do the threats that accompany it. According to BT’s latest findings, over 2,000 signals of potential cyberattack are detected every second – amounting to a staggering 200 million per day. This highlights the increasingly aggressive tactics cyber criminals are employing to infiltrate UK businesses and public services.

One of the most alarming trends uncovered by BT is a 1,234% increase in malicious scanning ‘bots’ over the past year. These automated bots are designed to search for vulnerabilities in online systems, leaving organisations at constant risk. With the rise of smart technologies and more devices connected than ever before, highly regulated industries like financial services and legal firms are no longer the only targets. Businesses in sectors like retail, education, and hospitality, which have traditionally placed less emphasis on cybersecurity, are now equally exposed to cyber threats.

 

The Rise of AI Cyber Crime

As BT’s research shows, AI-driven cybercrime is escalating, with hackers using artificial intelligence to enhance their observations and execute more sophisticated attacks.

The National Cyber Security Centre (NCSC) predicts that AI will significantly increase the scale and sophistication of cyberattacks in the coming years, enabling criminals to automate and streamline advanced hacking techniques. For instance, AI enables attackers to conduct more thorough reconnaissance, identify vulnerabilities faster, and even create highly targeted phishing schemes with minimal human intervention. 

This rise in AI-driven attacks underscores the need for businesses to adopt equally advanced cybersecurity solutions, ensuring they stay protected while continuing to benefit from the latest innovations in technology.

 

What does this mean for your business and your customer's business?

With many of the latest technological innovations depending on internet or cloud connectivity, new challenges have emerged that demand proactive security measures. As cyber criminals become more sophisticated, often using these same technologies to find weaknesses, it’s crucial to ensure your digital defences evolve alongside your business investments.

By adopting advanced cybersecurity solutions, businesses can confidently embrace these technologies without compromising their security. The key is balancing innovation with the right protective measures to stay ahead of potential threats.

If you would like more information on how we can help you on the above, please don't hesitate to contact your Partner Business Manager or email us at hello@onecompartners.co.uk