A new report sheds a new light on how many businesses are ignoring online security threats. According to the new cyber incident response report, carried out by the Economist Intelligence Unit and sponsored by Arbor Networks, only 17 percent of businesses are fully prepared for online security. Over a third of the firms have no incident response plan in place.

The likelihood of encountering a security incident is high as according to the survey, 77 percent of companies suffered at least one incident in the past two years.

The results of the survey are based on 360 senior business leaders in North America, Europe, and the Asia-Pacific.

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