UK plc wants tougher cyber regulation and more punishment for failings
71% of UK board directors want companies to be penalised for failing to meet basic cyber security requirements, according to new research from global cyber security and risk mitigation expert NCC Group.
In what appears to be a sea change in business opinion, over three quarters (77%) believe that regulators should take a tougher stance against companies that are found to have insufficient cyber defences.
NCC Group commissioned research consultancy ComRes to survey 200 board directors from UK companies with over 500 employees. The Group has released its ‘Elephant in the Boardroom’ report on the day its CEO, Rob Cotton, delivers a keynote at the Institute of Directors Annual Convention on the growing cyber threat to businesses.