What are the consequences of my business being hacked?

With instances of cybercrime continuing to rise dramatically throughout 2020 and 2021, cyber security has become a focus for many organisations. Examples of high-profile data breaches and hacks have spurred this focus even more, with Dixons Carphone, Tesco, and many more experiencing such breaches in 2021 alone.

Unfortunately, just as there are many businesses proactively preparing, a lot of businesses are being forced to react to a hack. Experiencing a data breach and then attempting to build a cyber security presence in a short space of time is one of the worst ways to approach the problem.

To help organisations adopt a more proactive approach, we thought it was important to highlight the consequences they could face if they were the victim of a successful hack. Keep reading to find what could happen to your business if you were hacked.