Cybersecurity no. 1 challenge for CXOs, but only 39% have a defense strategy

C-level executives rank cybersecurity as the no. 1 challenge they face for the third consecutive year, as more than 85% of companies report experiencing a breach in the past three years, according to a recent report from global management consulting firm A.T. Kearny.

However, only 39% of the 400 executives and board members surveyed said their company has fully developed and implemented a cyber defense strategy, putting them at increased risk for future attacks. 37% said their company has yet to create a cyber defense strategy at all, while the remaining 24% said their company has developed a strategy, but has yet to fully implement it.

Read more about the findings of the A.T. Kearny report on TechRepublic.