16% of companies suffered technology-related security incident in past year

These attacks can have significant consequences, with some 5% of companies reporting that it resulted in the destruction or corruption of data and almost 3% saying that it resulted in the disclosure of confidential data.

Almost one-fifth of enterprises in Ireland have reported at least one technology-related security incident in the last 12 months.

Figures released by the Central Statistics Office (CSO) show the increasing issues faced by companies conducting their business online.