Business advisory firm Deloitte have suggested that businesses are overconfident about cyber security risks.
The sixth annual Deloitte Global TMT Security Study shows that while 68% of companies said they understood their cyber risks and 62% said they had a programme in place to address them, 59% experienced a security breach.
Deloitte has suggested that companies need to treat data security breaches as inevitable and invest in detection and response planning.
70% of companies rated mistakes by employees, caused by a lack of security awareness, as a top threat only 48% offered security training to staff.
The suggestion of the report was that companies need to start encouraging a culture of cyber security with employees as well as increasing knowledge of previous threats, to not only their own company but other similar organisations as well.
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