UK boards less concerned about cyber risk than global peers

06/09/2023 | Infosecurity Magazine

According to a new study by security vendor Proofpoint, fewer board members of UK companies are concerned about cybersecurity risk than their international peers. The Cybersecurity: The 2023 Board Perspective Report, compiled from interviews with 659 board members at organisations with 5000 or more employees across 12 countries and different sectors, found that only 44% of UK board members are worried about cybersecurity risk, compared to 73% of global board members who feel at risk of a material cyberattack. Regarding the insider threat, the report found that only 56% of UK board directors think human error is their biggest risk compared to 78% of CISOs.

The report suggests poor communication between board members and their CISOs may contribute to the disparity, with just 43% of UK board members regularly interacting with security leaders. The report also found that fewer UK business leaders are concerned about the security risks posed by generative AI than their global counterparts.

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