A study of 3,000 companies in the UK, US and Germany found that more than half (53%) of businesses in the three countries are ill-prepared to deal with cyber attacks. The Hiscox Cyber Readiness Report 2017 assessed firms according to their readiness in four key areas – strategy, resourcing, technology and process – and ranked them accordingly. While most companies scored well for technology, fewer than a third (30%) qualified as ‘expert’ in their overall cyber readiness.
Among the key findings:
A full copy of the report can be found here.
For more information on how to protect yourself and your business visit the IT Faculty cyber security resource centre.