The UK leads Europe in terms of cyber resilience, ahead of France and Germany, according to a report from Diligent Institute and Bitsight.
The research found that companies with either a specialized risk committee or audit committee achieve better cybersecurity performance than those with neither, with ratings of 710 and 650 respectively.
All of the UK companies in the report had an audit committee, while the region also boasted the second-highest number of specialized risk committees, found in just under half of surveyed companies.
The authors said these numbers are reflected in the UK’s average security rating, which was the fourth-highest of the countries analyzed, at around 690 out of 900. This put the UK ahead of countries such as France, Japan, and Germany but slightly behind Australia (700), the United States (710), and Canada (710).
Highly regulated industries, such as healthcare and financial services, were found to have the highest cybersecurity ratings.
The report concluded that companies with advanced cybersecurity performance create 372% higher shareholder returns,…
