The cybersecurity challenge in Central and Eastern Europe
Are multinational companies prepared?
21 November 2018
Most CEE economies are thriving. A sustained recovery has led to robust growth becoming the new normal. Concurrently, expansion in corporate activity and the increasing complexity of CEE business operations and their developing international reach has made cybersecurity one of the most pressing concerns affecting not only general counsel, but also boards of directors.
CMS, in partnership with LegalWeek Intelligence, surveyed respondents from across the CEE region to examine how businesses are responding to assorted cyber threats, as well as their levels of risk awareness and planning, and where ultimate responsibility lies within disparate organisations. Among other key findings, the survey revealed that:
- more than half of respondents are very concerned about the potential consequences of a cyber incident
- 67% report an increase in time spent managing and mitigating cyber risk in the last 12 months
- 37% of respondents have specific cyber insurance coverage
Interested in key report findings?
Guest speakers from Microsoft and Legal Week joined us for a live webinar on 10 December 2018. Access the webinar recording today to learn more about key findings revealed by our report.