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Nearly 75% of firms lack cyber security expertise

Posted On: Feb. 6, 2018 4:51 AM CST

A report by Bermuda-based insurer Hiscox Ltd. found that 73% of businesses in the United Kingdom, Germany, Spain, the Netherlands and the United States do not possess adequate cyber security expertise to prevent attacks, INews.co.uk reported. The report found that 45% of the firms experienced at least one cyber attack in 2017, with two-thirds reporting two or more attacks. Financial services, telecom companies and government bodies were most vulnerable to a cyber attack. 

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