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Boards of U.K.'s largest firms must take cyber attack threat seriously: KPMG

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KPMG L.L.P. has said in a survey that corporate boards of U.K.'s largest firms must view cyber attack as a serious risk, Bloomberg reports.

The survey found that less than 40% of board members in the FTSE 350 Index companies considered cyber attack risk seriously.

This shows that boards "have some way to go to understanding the consequences that a cyber-attack can have on the brand and bottom-line," said Malcolm Marshall, global head of cyber security practice at KPMG.

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