UK CEOs feel that Cyber Attacks on their companies are inevitable

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At least 4 in 10 CEOs in the United Kingdom feel that cyber attacks on their companies are inevitable and this was disclosed in a survey conducted by KMPG- a Netherlands based Tax and Business Advisory Institute.

The global consultancy firm which conducted a poll on 1300 respondents says that many of the leaders holding world’s largest and most complex businesses are optimistic that cyber attacks on their businesses are supposed to be “when” and not “if”.

This clearly shows that most of the business leaders are aware of the cybersecurity challenges to which their businesses are exposed and are trying their best in defending themselves against the threats existing in the cyber landscape. But they are still aren’t confident enough that they have a foolproof plan against hackers who always have proved in many occasions that they have an upper hand over IT security teams.

“The findings show that how high up the agenda is cybersecurity for businesses”, said Bernard Brown, Vice Chairman, KPMG, UK.

He added that protecting a business from a cyber attack has become an agenda for the board of members these days and they are doing their best in making their cyber defenses stronger to mitigate the existing threats.

KMPG Cyber Security survey conveys a good news to all those serving to the needs of the security business. It has discovered that CEOs in the UK have started to understand the value of cybersecurity specialists as they have begun to identify them as second to data scientists who are seen as being effective by 62% of the CEOs asked.

The results are encouraging as we can see the CEOs developing a more mature understanding of what cyber security actually means, what are the challenges they are facing or going to face.

Actually, all this info gives them the necessary info to make their business resilient to a cyber attack.

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Naveen Goud is a writer at Cyber Security Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security