Despite the lagging figures, overall awareness of the threat of cyber attacks has risen in the last year, with almost three-quarters of respondents acknowledging that the risk of cyber threats is high. Only 10 % of FTSE 350 company boards have a comprehensive understanding of cyber threats ' potential impact on a business despite having strategies in place , according to a UK Government report . It revealed that only around half of firms regularly test their cybersecurity incident response plans . Although the study said awareness of the risks posed by cyber attacks had increased , Digital Minister Margot James called on company boards to do more to ensure businesses did not fall prey to such attacks .
Only 10 % of FTSE 350 company boards have a comprehensive understanding of cyber threats ' potential impact on a business despite having strategies in place , according to a UK Government report . It revealed that only around half of firms regularly test their cybersecurity incident response plans . Although the study said awareness of the risks posed by cyber attacks had increased , Digital Minister Margot James called on company boards to do more to ensure businesses did not fall prey to such attacks .