Add this to the growing evidence that hackers are becoming a real pain in the you-know-what:
Nearly two thirds of corporate financial experts surveyed this week said their companies have been hit by cyber attacks in the last 12 months, with 12 percent of them saying the attack was successful.
The survey of 970 company treasurers and other executives — conducted Monday by the Association for Financial Professionals at its annual conference in Washington — also determined that one third of those queried were doing little to counter the threat.
Asked when their company last updated its crisis response plan to deal with hackers, 21 percent said it was more than a year ago and another 12 percent said they don t have such a plan.
While 71 percent said they were spending more to deal with cyber crooks, with 25 percent saying they had boosted their spending by at least 50 percent, relatively few are buying cyber-security insurance. Compared to a year ago, 31 percent said they haven t increased their amount of such insurance or don t have it at all.
Illustration by KRT archives
