Continuity Central – PwC survey highlights massive corporate planning failures when it comes to cyber security

44 percent of the 9,500 executives in 122 countries surveyed say they do not have an overall information security strategy; 48 percent do not have an employee security awareness training programme, and 54 percent don’t have an incident response process.

PwC has published its 2018 Global State of Information Security Survey (GSISS).

Executives worldwide acknowledge the increasingly high stakes of cyber insecurity. 40 percent of survey respondents cite the disruption of operations as the biggest consequence of a cyber attack; 39 percent cite the compromise of sensitive data; 32 percent cite harm to product quality, and 22 percent cite threat to human life.

Yet despite this awareness, many companies at risk of cyber attacks remain unprepared to deal with them. 44 percent say they do not have an overall information security strategy. 48 percent say they do not have an employee security awareness training programme, and 54 percent say they do not have an incident response process.

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