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Welcome to the May 2022 issue of your Computing Security Newsletter.
Welcome to the May 2022 issue of yourComputing Security Newsletter.
In the wake of Russia’s invasion of Ukraine, with malicious cyber activityheavily ramped up, along with the shift to hybrid working, fears of a data breach have soared.
The Institute of Directors (IoD) has found that 72% of business leaders view cyber risk as a significant concern for their organisation, with 58% believing the risk of a cyber-attack has increased.
In its poll of nearly 600 directors, the IoD also found that:
54% believe that every board member has enough expertise to understand the potential impact and value of cyber security in respect of their organisation
61% say their organisation has appropriate controls and monitoring mechanisms in place that assure them their cyber security measures are effective
46% state that their organisation ensures that cyber security is considered in every business decision
54% say their organisation has an incident management plan in place for cyber attacks
46% comment that their organisation is able to access cyber insurance cover.
"The results of our survey provide evidence that many businesses are taking cyber security seriously," says Dr Roger Barker, the Institute's director of policy. "However, a higher level of awareness and expertise is needed on boards of directors, in view of the unprecedented shift to home working and heightened geopolitical tensions.
"Hybrid working is here to stay. However, a remote workforce brings with it enhanced cyber risks, with employees relying on their home networks – and sometimes their own devices - to complete tasks. Companies have not yet fully adjusted to this reality.Furthermore, cybersecurity authorities have warned that Russia’s invasion of Ukraine exposes organisations both within and beyond the region to increased malicious cyber activity."
Brian Wall, Editor
Computing Security
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