Despite corporate investments to improve cybersecurity, compliance and risk mitigation, many companies are still underprepared for strict regulations and cybersecurity attacks.
The 2018 Harvey Nash Group (LON:HVN) /KPMG CIO Survey found that 49% of the responding 3,958 IT leaders cited improved security as a priority. Much of this attention is likely reactionary, as one-third of the responding IT leaders reported a major cybersecurity attack in the prior two years. And while 22% considered themselves well-prepared to defend against an attack, 14% reported that their organization is insufficiently prepared and “exposed to a cyberattack in multiple areas.”