A new study by Nominet reveals that more than three quarters (76 per cent) of C-suite executives say that a cyber security breach is inevitable, while an alarming 90 per cent feel they lack at least one resource required to defend against such an attack.
The survey found UK and US boardroom executives believe they are disadvantaged by a lack of advanced technology (59 per cent), budget (44 per cent) or staff (41 per cent) to fend off ever increasing cyber breaches. It also highlighted confusion over who in an organisation should respond to a breach and a reluctance by senior management to accept advice.
The Nominet findings follow the recently published Cyber Security Breaches Survey (CSBS) by the UK government, which underlines that businesses would be well advised to assume they are more likely to fall victim to a cyber attack than not.
It found 32 per cent of businesses admitted they had suffered from cyber crime in 2018, but from our own experience we believe the figure to be significantly higher. The most common breaches included phishing attacks, impersonating an organisation in emails or online, and viruses, spyware and ransomware attacks.
CSBS…
