Northern Ireland businesses lose £2 million to cyber crime

Figures, which have been released by Get Safe Online and Action Fraud, show that 247 cases were reported between March 2015 and March 2016, with total losses amounting to £2,152,343.

The reality is that the actual figure is much higher, as not all instances of cyber crime are reported to the police. Detective Chief Inspector Douglas Grant, from PSNI Cyber Crime Centre, said that end–user awareness pertaining to cyber–security is essential to ensuring that these figures – which are worrying, despite being below the national average – do not continue to rise.

One of the most common types of attacks was phishing emails. This is when an individual is targeted, via email, by someone pretending to be someone they know, or have an association with e.g. a colleague. The individual being targeted is then prompted to divulge sensitive information or transfer money to an account. This targeted approach had 30 cases reported in Northern Ireland in the last year, with £768,115 being lost by businesses as a result.

At Nitec we are experts in cyber security and we are aware that cyber attacks, in whatever form they are executed, are becoming more sophisticated and inconspicuous. That is why we developed the Nitec Security Suite which provides network, internet and email security. The Security Suite adds real–time monitoring, reporting, management, diagnostic and prevention across your network using some of the best solutions available on the market.

As a local SME ourselves, we are keen to help ensure that our fellow local businesses and our economy does not suffer due to cyber crime. If there is anything we can do to assist your business in this area – be it end–user training, advice on best–practices or a review of your existing processes and procedures, then please get in touch and we will be happy to help.



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