Swiss companies underestimate the threat posed by cybercrime: KPMG study

http://www.canadianunderwriter.ca/news/swiss-companies-underestimate-the-threat-posed-by-cybercrime-kpmg-study/1003610631/?&er=NA

http://www.kpmg.com/CH/en/Library/Articles-Publications/Documents/Advisory/pub-20150506-clarity-on-cyber-security-en.pdf

Swiss businesses are ill prepared for cyberattacks, much too reactive in their approach and rely too heavily on technology while neglecting the human factor, according to a KPMG study released on Wednesday.

The study, titled Clarity on Cyber Security, found that a majority (63%) of the companies surveyed indicated their organization could certainly be an attractive target for cyberattacks, while some three-quarters of the respondents said that they have increased their cyber defence budgets over the past five years.

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