UK CEOs feel that investment in cyber security is a revenue opportunity rather than an expensive burden, according to a survey by KPMG.
As part of its CEO Outlook 2017 the accountancy company asked 150 UK CEOs about their investment plans for the future and the issues affecting their business. It found that 70% of leaders see investment in cyber security as an opportunity to find new revenue streams and innovate, rather than as an overhead cost.
The report also found that cyber security is now firmly a part of CEOs’ agenda rather than one that previously only sat with the CIO or the CISO. 77% of CEOs agreed with the statement: ‘I am personally comfortable with the degree to which mitigating cyber risk is now part of my leadership role’.