In 2024, there was a 17% increase in the number of cyber insurance policies taken out by UK businesses compared to the previous year.

There was a 230% year-on-year increase in the amount paid out to support UK businesses with cyber-attacks in 2024, amounting to £138 million more than in 2023.

Malware and ransomware accounted for 51% of all cyber insurance claims in 2024, up from 32% in 2023.

In 2024, £197 million was paid out to UK businesses to help them recover from cyber incidents.

27% of UK security & IT professionals reported that their company is actively encouraging employees to shift logins to passkeys

31% of UK employees reported that they have downloaded apps without IT approval

34% of UK employees reported that they have downloaded apps without IT approval

In 2025, the United Kingdom experienced 76 ransomware incidents, accounting for 1.6% of all attacks.

There were 62 nationally (UK) significant incidents reported between September 2022 and August 2023, 4 of which were categorised as highly significant in nature.

Nationally (UK) significant incidents represented 48% (204) of all incidents between September 2024 and August 2025, a significant increase from last year (89).

Among this year's nationally significant incidents in the UK, 4% (18) were categorised as highly significant in nature.

There were 63 nationally (UK) significant incidents reported between September 2021 and August 2022, 1 of which were categorised as highly significant in nature.

3.81% of global ransomware victims (organizations and individuals) in Q3 2025 were from the United Kingdom.

54% of UK fraud leaders ranked device reputation in their top three fraud prevention technologies, making the UK the only market surveyed to rank this technology highest.

5% of targeted UK consumers fell victim to fraud, a decrease from 6% reported late last year.

42% of UK CFOs surveyed identified fraud detection and prevention as an area of their finance operations they would most like to improve through automation.

42% of surveyed UK CFOs identified ‘cybersecurity threats’ as the operational risk they were most concerned about over the next 12–24 months, making it the largest percentage of responses for this risk category.

99% of UK finance leaders surveyed have experienced payments-related cyber incidents in the past two years.

37% of UK CFOs surveyed cite cybersecurity and data privacy concerns as a significant barrier to automation

More than half (51%) of UK finance leaders are preparing a significant uplift in cyber investment next year.