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Electronic attacks 'are biggest threat to business continuity'
24/03/2009
Electronic attacks pose the gravest threat to business continuity in the UK, according to a recent survey of business leaders.
The poll, published by the Chartered Management Institute (CMI) in conjunction with the Cabinet Office, revealed that 58 per cent of UK managers view attacks on their IT systems as the biggest threat their businesses face.
However, the poll also discovered that only 42 per cent of companies in the UK have business continuity plans in place to help cope with the loss of IT functionality should their systems be attacked.
Bruce Mann, director of the civil contingencies secretariat at the Cabinet Office,warned: "A failure to provide adequate protection could mean more than a minor headache lasting a few hours or days: it could mean a loss of trade to competitors and the eventual failure of an organisation."
This week is International Business Continuity Awareness week, an event set up by the Business Continuity Institute.
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