67% of Irish directors say they have undertaken cyber security training in the last 12 months.
There is a heightened state of awareness and concern about cybersecurity and cyberattacks among the leaders of Irish organisations.
New research from the Institute of Directors (IoD) in Ireland has found that 70% of business leaders and directors note that they are extremely or very concerned about the potential impact of cyber security threats to the business continuity of their primary organisation.
“A cybersecurity attack can have a negative impact on an organisation’s reputation, finances and operational resilience”
Furthermore, 41% of business leaders reveal that their primary organisation has experienced a cyberattack.
Operational resilience
“It is concerning to see our new research finds that 41% of respondents noted that their primary organisation has experienced a cyberattack,” said Caroline Spillane, CEO of the Institute of Directors in Ireland.
“A cybersecurity attack can have a negative impact on an organisation’s reputation, finances and operational resilience. It is crucial that the governance of cybersecurity must evolve in line with the sophistication of the threat landscape, along with the introduction of necessary cyber security protection legislation and regulation measures.
“Our new findings around cybersecurity IT plans, incident response plans, and board agenda items, are positive to see. These measures are key to board leadership on cybersecurity and illustrate a director’s duty of care, as does directors’ training, which will enable them to effectively assess cyber security risks,” Spillane said.
