Cyber incidents a major worry for CEOs

According to a recent report by FGS Global, British business leaders are increasingly concerned about the impact of cyber-attacks, with 85% of firms experiencing a crisis in the past year.

The report reveals that business leaders across Britain, including top executives from EY and JD Sports, are concerned about cybersecurity. This concern comes after a survey involving over 500 senior UK business leaders showed cyber incidents ranking at the forefront for 36% of these executives, as stated by FGS Global’s findings.

The consultancy warned that understanding around cybersecurity remains limited, especially with emerging threats related to A

The report also found that  only 36% of companies feel fully prepared to tackle ransomware attacks, which ranked highly among feared crises, with over half of those surveyed acknowledging the threat. 

Jenny Davey, Partner at FGS Global, said “The consensus from our in-depth interviews is that crises are becoming more prevalent, but also more unpredictable,” and highlighted the imperative nature of dynamic leadership during such uncertain times.

“Today’s CEOs must be multi-dimensional, prioritising bold, fearless decision-making and a strong organisational culture to navigate these turbulent times.”