83 Pct of Businesses Not Prepared For Online Security Incident


BANGALORE: Arbor Networks, a provider of DDoS and advanced threat protection solutions for enterprise and service provider networks, today announced the results of a survey it sponsored with the Economist Intelligence Unit on the issue of incident response preparedness. The Economist Intelligence Unit surveyed 360 senior business leaders, the majority of whom are C-level management or board members from across the world, with 31percent based in North America, 36 percent in Europe and 29 percent in Asia-Pacific.

The report entitled “Cyber incident response: Are business leaders ready?” shows that despite 77 percent of companies suffering an incident in the past two years, over a third of firms (38 percent) still have no incident response plan in place should an incident occur. Only 17 percent of businesses globally are fully prepared for an online security incident.

More prepared firms that do have a response plan in place typically rely on the IT department to lead this process, but the majority also draw upon external resources – primarily IT forensic experts, specialist legal advisers and law enforcement experts.

“There is an encouraging trend towards formalizing corporate incident response preparations. But with the source and impact of threats becoming harder to predict, executives should make sure that incident response becomes an organizational reflex rather than just a plan pulled down off the shelf,” said James Chambers, a senior editor at The Economist Intelligence Unit.

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