More than half (54 percent) of CEOs in European companies are taking responsibility for cyber-security as it is now considered to be an executive responsibility. New research from Lloyds of London discovered that although cyber is now at the top of the boardroom agenda, many still underestimate the potential impact of a cyber-attack or data breach. Only 13 percent of European companies believing they will lose trade if a cyber-attack occurs, despite recent high-profile data breaches. The survey collected responses from nearly 350 senior business decision makers from across Europe, which included 100 from UK businesses.
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ORIGINAL SOURCE: SC Magazine