“Despite growing levels of awareness and understanding of cyber risk among large and medium-sized corporations across the UK and Ireland, board-level ownership of the issue remains comparatively low with many firms relying on their IT departments for the strategic direction of their cyber risk strategies.
According to the Marsh Risk Management Research, UK & Ireland 2014 Cyber Risk Survey Report, cyber risk now features prominently on the corporate risk registers of organizations across the UK and Ireland, with one quarter (24 percent) of respondents placing it in the top five risks they face and over half (56 percent) placing it in their top ten.”
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