CEOs not deemed responsible for cyber-security -- but they should be

Chief executive officers in the UK are still far from being considered responsible for keeping their organizations safe from cyberattacks, according to a new report by NCC Group. The report, which the risk mitigation and cybersecurity company just released, is based on a poll of 200 UK board of directors, where they were questioned on cybersecurity. Just 13 percent say the managing director was responsible for cyber risks in their company.

Also, just nine percent named the financial director. The biggest burden is still on the shoulders of CTOs and CIOs -- 52 percent. "Boards continue to pass the cyber buck by delegating accountability to technical leads likes CIOs and CTOs. Cyber security is the responsibility of the CEO and the main board as it is the most significant issue facing businesses today", comments Rob Cotton, CEO at NCC Group.