Cyber Security: 12 percent of businesses have no cyber attack defenses

Twelve percent of financial executives surveyed said their companies have no cyber attack defense plans. Other findings from the Association for Financial Professionals survey:

• 62 percent of businesses have been subject to a cyber attack or an attempted attack during the last year.
• 71 percent of companies have increased spending to combat attacks, with 25 percent increasing it by at least 50 percent.
• 15 percent have increased their cyber insurance.
• 31 percent carry no cyber insurance.

Click here for a link to the full survey results.