UK Businesses Face Urgent Cybersecurity Reckoning as Ransomware Attacks Surge 70%
According to the National Cyber Security Centre (NCSC), ransomware attacks have surged 70% in 2024, putting UK businesses at risk. In addition, cybercrimes have hit 7.78 million cases, and 44% of businesses still lack in-house cybersecurity expertise. The rise in hostile cyber activities against UK organizations by 16% year-over-year has also escalated risks, compliance challenges, and financial exposure.
Despite record security investments, Chief Information Security Officers (CISOs) are facing an even bigger challenge – the threat visibility gap. Too often, security decisions are made with fragmented risk data, slow detection, and reactive measures, leaving businesses exposed. CRYPTIQ is addressing this head-on with AI-driven cybersecurity intelligence that transforms how organizations detect, prioritize, and mitigate threats.
“Businesses don’t fail because they lack security tools – they fail because they lack security visibility. Without real-time risk intelligence, leaders are making blind decisions, leading to gaps in protection and wasted investments. CRYPTIQ solves this by bringing predictive security intelligence to the boardroom – giving businesses clarity, confidence, and control over cyber risk,” says Himanshu Satya, CEO of CRYPTIQ.
What Sets CRYPTIQ Apart?
✔️ No Outcome, No Invoice – Security with Measurable Business Impact
Cybersecurity should deliver tangible results, not just alerts. CRYPTIQ ensures that businesses invest in measurable risk reduction, resilience, and strategic security.
✔️ AI-Driven Decision Intelligence – Security that Thinks, Adapts & Acts
Cyber threats move faster than human response, making it crucial for security to be predictive, autonomous, and risk-prioritized. CRYPTIQ’s AI-driven intelligence provides real-time insights, enabling leaders to act on risk before it impacts operations.
✔️ Security as a Business Asset – Maximizing ROI, Minimizing Cyber Risk Cost
Security should not be viewed as a cost center, but rather a business-critical function that protects revenue, assets, and operational continuity. CRYPTIQ helps businesses quantify cyber risk, optimize security spending, and align security investments with financial outcomes.
✔️ 3T Ethos – Trust, Transparency, Togetherness
Cybersecurity is not just about technology – it’s about partnerships. CRYPTIQ builds long-term security alliances, ensuring that businesses have a trusted, transparent security partner.
The Next Chapter in Enterprise Security
Cybersecurity is no longer just about defense – it’s about staying ahead, making informed decisions, and ensuring that security enables business success. At CRYPTIQ, we drive this shift through our 3G Model, delivering a security strategy that is boardroom-aligned, growth-focused, and continuously adaptive:
✔ Governance: Enterprise security leadership, compliance intelligence, and cyber risk strategy – ensuring that security is built into business decision-making.
✔ Growth: Proactive risk visibility, cloud security, and secure business expansion – enabling innovation without security bottlenecks.
✔ Guardrails: AI-driven threat intelligence, identity security, and real-time risk mitigation – providing continuous security assurance.
The result? A cybersecurity strategy that thinks ahead, adapts in real-time, and strengthens business success.
Security should be a competitive advantage, not a roadblock. To learn more, visit www.cryptiq.uk or contact us at contact@cryptiq.uk.
Derick is an experienced reporter having held multiple senior roles for large publishers across Europe. Specialist subjects include small business and financial emerging markets.