Very few businesses are fully prepared to deal with cyber attacks, according to a new report by Accenture. The consulting firm reports that hackers are a very real threat to companies, most of whom deal with cyber attacks every week. 

The report was based on a survey of over 900 corporate executives, most of whom acknowledged that cyber attacks represented a serious risk to their businesses. Two-thirds of those surveyed said their companies face "significant attacks" that test the strength of their company's IT system on a daily or weekly basis. 

So what are businesses doing to head off hackers? According to the survey, 53% of executives said their company had a "continuity plan" that is regularly updated to anticipate future attacks and 45% have produced threat models to existing and planned business operations. 

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.