The report identified that the boards of the UK’s biggest firms must do more to be cyber aware. Many boards still don’t fully understand the potential impact of a cyber attack. The report shows that less than a fifth (16%) of boards have a comprehensive understanding of the impact of loss or disruption associated with cyber threats. This is despite almost all (96%) having a cyber security strategy in place. Additionally, although the majority of businesses (95%) do have a cyber security incident response plan, only around half (57%) actually test them on a regular basis.
The full report can be accessed from the link below.