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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.

Summary

Hackers besieged US retailer Target in 2013, stealing the credit card information of almost one-third of all Americans. “Data breaches and denial of service attacks” have become so common that the media report only the major incidents. Such events hurt organizations, especially “data-intensive industries such as technology, retail and financial services.”

An international survey of security experts and senior executives reveals that the frequency of cyberincidents has increased, with more than three-quarters of firms reporting occurrences since 2012. But most episodes happened due to in-house...

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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