UK PLC loses billions to hacker attacks

It's never easy calculating the true cost of inadequate security to business, not least as there are so many variables and such reticence when it comes to full disclosure for fear of brand damage. However, the latest Information Security Breaches Survey (ISBS) from PwC/Infosecurity Europe has had a good bash at it, at least as far as the UK is concerned, and the answer is breathtakingly big: billions of pounds. And that was just last year!