Digital transformation due to the COVID-19 pandemic, which saw businesses move services online, supply chains disrupted and employees work from home, has pushed cyber security to the top of the agenda for UK CEOs, according to an audit firm.
Most, 91 per cent of UK CEOs are concerned about the threat of cyber security risks, according to PwC’s 24th Annual CEO Survey. This is the highest figure recorded since CEOs were first asked about cyber threats in the survey, and an increase on last year’s figure of 80pc. It is also higher than this year’s global figure of 85 per cent.
Chris Gaines, Cyber Security Leader, PwC UK said: “As the criticality of technology has increased over the past year, so have UK CEOs’ fears of cyber security threats. This heightened concern is understandable as the stakes are so much higher than they were 12 months ago. Businesses have become more aware of how reliant on technology they are for their very survival, and as such the risk of cyber security attacks naturally weighs more heavily on their minds.
“The technological changes implemented over the past 12 months have not only been across businesses, but also society, and many were…