Almost half (47%) of the company secretaries at the 53 FTSE 350 businesses that responded to the survey said their board had not discussed the Government’s guidance, whilst a further 28% said that their board had not seen it.
The survey was undertaken on behalf of the Financial Times (FT) and the Institute of Chartered Secretaries and Administrators (ICSA). The results of the survey have been detailed in the third FT-ICSA Boardroom Bellwether report. (16-page / 1.42MB PDF)
Last year the Department for Business, Innovation and Skills (BIS), the Centre for the Protection of National Infrastructure and UK intelligence agency GCHQ produced joint new guidelines on cyber security. The guidance included ten steps that businesses can take to reduce cyber risks.
However, according to the report, just 13% of FTSE 350 boards have discussed the Government’s cyber security guidelines and acted upon them. A further 8% said they had discussed the guidelines but not acted on them. The remainder of the respondents (4%) said that the guidance was not applicable to their company.
SOURCE: out-law.com
Most Commented Posts
2020 Cybersecurity Landscape: 100+ Experts’ Predictions
Cyber Security Predictions 2021: Experts’ Responses
Experts’ Responses: Cyber Security Predictions 2023
Data Privacy Protection Day (Thursday 28th) – Experts Comments
Experts Insight On US Pipeline Shut After Cyberattack
Most Active Commenters
Recent Comments
“Cybersecurity Awareness Month’s new evergreen theme "Secure Our World” is…
“Avoid storing data on personal devices: A crucial but often overlooked…
“I recommend a new nuance to passwords that isn’t often…
“In my role overseeing cloud environments and incident response, I'm…
“Cybersecurity Awareness Month serves as a reminder to confront the…