Cyber security awareness growing within business sector, research shows

September 15, 2016

UK firms are still grappling with significant gaps in their cyber security knowledge, with research revealing more than one-third (35.4%) do not know how much an attack against their systems would cost them.

According to Marsh’s UK Cyber Risk Survey Report 2016, organisations are developing a keener awareness of cyber security risks, with 83.8% of respondents claiming to have a basic-to-complete understanding of the threats posed to their business. In the 2015 version of the report, this figure stood at 60.8%.

The report cites the rise in attacks against high-profile organisations in the UK as playing a key role in increasing awareness of cyber risks, along with education efforts by private and public sector organisations.

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