As has been widely reported in the national media, The Lord Chancellor recently announced that, from 20 March 2017, the Odgen rate of discount will be reduced from 2.5% to -0.75%. But what does this actually mean?
Cyber threat is one of the most significant risks facing UK businesses and is on the increase. Government figures in 2015 revealed 81% of large businesses and 60% of small businesses had suffered a cyber security breach. Cyber claims statistics from 2013 - 2016 show cyber extortion and ransomware to be the fastest growing cybercrimes.