Most top UK firms fail to disclose cyber risk testing details

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Although 57% of FTSE 100 companies disclose, in their annual report, regular testing of overall crisis management, contingency or disaster recovery plans, only 20% reveal details of specific cyber risk testing, such as ethical hacking, to find vulnerabilities in their IT systems, according to professional services firm Deloitte, although more than 20% may conduct such testing without reporting it.

Phill Everson, head of cyber risk services at Deloitte UK, said would-be hackers look for weaknesses in a system to gain access, so testing remains vital to ensure strong cyber resilience.

“The 20% of companies that disclosed testing for these vulnerabilities in our analysis demonstrate to investors that the company has ways to continually and proactively test for flaws,…

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