Cybersecurity plans still lacking in big business, survey reveals

News by Ava Fedorov

A survey polling 200 lsenior decision makers reveals that many large business still don't “get it” when it comes to cybersecurity. The suvey results, published yesterday by Mishcon de Reya law firm, illustrate that despite the increasing sophistication and frequency of cyberattacks, businesses remain blind-sighted, with nearly a fifth admitting that their employees are not adequately informed about cyberthreats and risks while their organisation as a whole does not have a plan in place to deal with a supply chain security breach.

Even worse, more than a fifth of senior managers surveyed revealed that they actually don't know if their organisation even has a cybersecurity breach plan, nor do they feel confident that their supply chain is protected.

These results come in stark contrast to the growing scale of cyberattacks across the globe. This year's Verizon Data Breach Investigations Report (DBIR) idendified 1,367 data breaches and 63,437 security incidents across 95 countries.

"Exposure to such attacks is now an intrinsic component of being part of the connected world, a world that businesses must participate in to be successful,” Dr David Bailey, CTO Cyber Security at BAE Systems Applied Intelligence, commented in an email to “The continual emergence of new threats and techniques means that it is vital to be prepared, have agile security in place to detect and respond to threats."

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