Research into the risks impacting the top 200 AIM listed businesses

There has been a surge in fraud and cybercrime in the UK and AIM listed businesses are not immune. Irrespective of size, listed businesses attract cybercriminals due to their visibility and the opportunity to use share price as leverage to extract ransom payments.

The operational impacts of a breach can result in a loss of service and an inability to deliver goods and services to clients and customers. Valuable management time is lost reacting to fraud and cybercrime and distracts from a business’s mission. The amount of money businesses are losing to cybercrime is increasing. Ransomware attacks alone increased by 350% in 2018, with global ransomware damage costs expected to double to $20 billion by 2021.

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