Six in ten SMEs hit by cyberattack in 2025, Hiscox says
Law360, London: Some 59% of small and midsized enterprises have said they experienced a cyberattack in 2025, Hiscox said on 30 September 2025, highlighting the evolving threat posed by criminals adapting to new technologies to exploit businesses. The insurer stated in its annual cyber-readiness report that 33% of SMEs said they were hit with a substantial fine following an attack or a data breach. Companies face fines by regulatory bodies such as the Information Commissioner's Office after such incidents for failing to protect data and privacy.