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Many FTSE Boards Underestimate Cyber Attack Threat

by | 13 Mar, 2019 | Website Design

When designing your new website, it is essential to employ good web designers in Kingston who can help your pages remain protected against cyber threat, as well as look good.  

While this is perhaps one of the most important things to do when launching a website, the significance is lost on some of the country’s biggest companies.

According to the Department for Digital, Culture, Media & Sport, many FTSE 350 boards underestimate the impact of a cyber attack on their business. While they may have incident plans, these are not tested as frequently as they should be, according to the latest FTSE 350 Cyber Governance Health Check 2018 report.

It found that only 16 per cent of boards have a full understanding the loss or disruption a cyber attack can cause. Furthermore, while nearly all (95 per cent) companies have a cyber security incident response plan, just over half check these regularly.

Margot James, digital minister, said: “More needs to be done by boards to make sure that they don’t fall victim to a cyber attack.”

She went on to say: “Cyber security should never be an add-on for businesses and I would urge all executives to work with the National Cyber Security Centre and take up the government’s advice and training that’s available.”

Every business, no matter how big or small, is vulnerable to an online attack, and the government’s Cyber Security Breaches Survey 2018 revealed 43 per cent of companies and 19 per cent of charities suffered a cyber security breach in the 12 months leading to April 2018.


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