Locks and Security News: your weekly locks and security industry newsletter
10th April 2024 Issue no. 700

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Cyber security readiness study finds widespread shortcomings

By Owen Gough

A study of 3,000 companies in the UK, US and Germany, conducted for specialist insurer Hiscox, reveals that more than half (53 per cent) of businesses in the three countries have ill-prepared security to deal with cyber-attacks.

The Hiscox Cyber Readiness Report 2017 assesses firms according to their readiness in four key areas - strategy, resourcing, technology and process - and ranks them accordingly. While most companies scored well for technology, fewer than a third (30 per cent) qualify as 'expert' in their overall cyber readiness.

15th February 2017