JumpCloud’s Q3 2024 SME IT Trends Report found that 64% of UK respondents agreed that AI threats are outpacing their ability to protect against them. This is a marked increase from the previous report. While 81% (vs. 70% in Q1 2024) of respondents concurred that their organisation should be investing in AI initiatives, there is growing concern about their ability to plug security gaps.
Bad actors are targeting UK SMEs, with 44% saying they’ve been a victim of a cybersecurity attack. Nearly two-thirds (60%) of UK SMEs claim they have had multiple attacks in 2024. Not surprisingly, security remains the biggest challenge, cited by 61% of UK respondents, a 10% increase from the previous report. UK respondents admitted that 25% of all cybersecurity incidents originated in AI-generated attacks. In fact, SME IT teams are more concerned about their security posture than they were six months ago.