Cyber attack the top threat according to business continuity professionals

February 14, 2015

Cyber-attack is the top threat perceived by businesses, according to the fourth annual Horizon Scan report published today by the Business Continuity Institute <http://www.thebci.org/>  (BCI), in association with BSI <http://www.bsigroup.com/en-GB/> . Supply chain disruption is reported as the fastest rising threat, up 11 places since last year.
The annual BCI Horizon Scan assessed the business preparedness of 760 organizations worldwide and shows that four fifths (82%) of Business Continuity Managers fear the possibility of a cyber-attack, with 81% worried about the possibility of unplanned IT outages and 75% data breaches similar to that suffered by Sony in 2014. A recent industry report highlights the annualized cost of cyber-crime per global company now stands at $7.6 million, a 10.4 per cent year-over-year increase.

 

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