Firms Unprepared for Cyber Attacks Warns PricewaterhouseCoopers

Today’s Trend Summary for Friday November 3
Despite blaring headlines about cyber attacks, many companies remain unprepared to cope with one.

According to The Global State Of Security Survey, a study by PricewaterhouseCoopers [PwC] of 9,500 executives surveyed in 122 nations, 44% report that their firms have failed to create an overall security strategy.

In addition, 54% lack an incident-response process and 48% have no employee awareness training program. What’s more, only 39% are “very confident” in their cyber attack attribution capabilities.

Despite this relaxed situation, executives seem to grasp the dangers, especially with regard to attacks that would hit their advanced technologies.

Asked to predict the impact of an attack against their automation and robotics systems, 40% of survey respondents cite disruption of operations and 39% cite the loss of company or sensitive data, presumably including customer information.

Read the original unabridged article.

Author: Moonwink

Least Said Soonest Mended :)

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