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Cyber Incident Response
Report

Cyber Incident Response

Are Business Leaders Ready?

The Economist Intelligence Unit
EIU, 2014
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Editorial Rating

8

Qualities

  • Analytical
  • Innovative
  • Applicable

Recommendation

More than half of surveyed firms admit to being just “somewhat prepared” to counter a cyberthreat, suggesting that most organizations don’t fully understand the digital perils they face. To help evade such hazards, technology journalist Clint Witchalls has compiled this concise analysis, which not only covers the landscape of cyberreadiness in global businesses but also offers advice from top security experts on corporate responses to these threats. getAbstract recommends this report to all senior executives and to professionals responsible for information security.

Take-Aways

  • Hackers besieged US retailer Target in 2013, stealing the credit card information of almost one-third of all Americans.
  • A survey reveals that the frequency of cyberincidents has increased but that most happen due to in-house failures such as unintentional systems outages and data losses by employees.
  • More than 60% of firms have “an incident response team and plan in place,” and about half have specific methods for dealing with different types of incidents.

About the Author

Clint Witchalls is a science and technology journalist and a former senior editor at the Economist Intelligence Unit.

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