A survey of managers and IT specialists in the United States, United Kingdom, and Germany found that more than half (53 percent) of businesses are not well-prepared to handle cyber attacks, despite increases in cybersecurity spending and a clear awareness of the risk.
In its “Cyber Readiness Report 2017,” specialist insurer Hiscox evaluated survey respondents on cyber strategies, resources, technology, and processes, ranking them from novice to expert. The firm found more expertise in the US, but under a third (30 percent) of respondents overall could be considered “experts.” The gap between novices and experts most often appeared to be in their strategies and processes for addressing cyber risk.
Read more at http://www.advisenltd.com/2017/02/24/20170224us-firms-more-likely-to-be-cyber-prepared-than-uk-german-firms-hiscox/
Erin Ayers, US firms more likely to be cyber-prepared than UK, German firms: Hiscox (February 24, 2017), available with subscription at Advisen Cyber Front Page News.
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