In January 2024, the U.K.’s National Cyber Security Centre warned that the global ransomware threat was expected to rise due to the availability of AI technologies, with attacks increasing in both volume and impact. The risk to U.K. businesses is especially pronounced, with a recent Microsoft report finding that 87% are either “vulnerable” or “at high risk” of cyber attacks.
The Minister for AI and Intellectual Property, Viscount Camrose, has specifically highlighted the need for U.K. organizations to “step up their cyber security plans,” as it is the third most targeted country in the world when it comes to cyber attacks, after the U.S. and Ukraine.
