UK businesses ‘number one target for cybercriminals’

welivesecurity reports that new data collected by ThreatMatrix show that UK businesses are more likely to be the victim of cybercrime than their international counterparts.

Financial institutions were found to be the main target, with cybercriminals focusing their efforts on online lenders.

Dr. Stephen Moody, solutions director (EMEA) at ThreatMetrix said, “The more businesses and consumers turn to the digital space to store and manage their financial information, the more fraudsters will be on high alert—ensuring digital identities are effectively protected should be high priority for everyone.”