January 21, 2016
Forty-five per cent of cyber security professionals believe their board of directors have a major gap in their understanding of cyber risk, or don’t understand the risk at all, according to research by recruitment firm Harvey Nash, who interviewed almost 200 senior cyber security professionals.
This should be a concern to businesses as over half (54 per cent) of boards are ultimately accountable for the cyber strategy in their companies.
But it isn’t just the board that has a limited understanding according to many cyber security professionals – the senior executive team have a limited understanding of the cyber risk too; 29 per cent said that their CEO had a limited understanding of cyber risk with some major knowledge gaps.