According to The Cyber Governance Health Check, an annual survey carried out by the UK government, more than two thirds (68%) of companies say their directors have no training in responding to cyber attacks. Of 105 businesses in the FTSE 350 surveyed, one in ten revealed they have no plan to cope with hacking.
These figures are especially surprising considering other findings of the report: namely, that 54% of company boards consider hacking one of the top risks to their business, and 57% have 'a clear understanding' of the potential impact of a cyber incident.
It’s not all doom and gloom, however, with 31% of boards receiving comprehensive information about computer security risks, compared to 21% in 2015-16.
Digital Minister Matthew Hancock said: "We have world-leading businesses and a thriving charity sector but recent cyber attacks have shown the devastating effects of not getting our approach to cyber security right.
"These new reports show we have a long way to go until all our organisations are adopting best practice and I urge all senior executives to work with the National Cyber Security Centre and take up the Government's advice and training.
"Charities must do better to protect the sensitive data they hold and I encourage them to access a tailored programme of support we are developing alongside the Charity Commission and the National Cyber Security Centre."