IT bosses across the UK are set to focus on building stronger defences against cyber-threats, new data shows.

The Global State of Information Security report, published earlier this week by PricewaterhouseCoopers (PwC), showed that 55 per cent of businesses plan to increase their IT spending this year.

As well as the figure rising from 42 per cent last year, a third (33 per cent) of the 9,805 respondents said their spending will stay the same, reports.

The results come just weeks after another security superbug was exposed in the media. Shellshock is a vulnerability that gives hackers the chance to take complete control of a computer or system. It impacts users of Mac OS X and Linux systems.

According to Richard Horne, a cyber-security expert at PwC, businesses need to act promptly. He was quoted by as saying: “Cyber threats continue to evolve and no organisation can stand still. Businesses in all sectors need to prepare and refine their defences – and respond to breaches – against incredibly sophisticated attacks.

“This is a risk that can be managed, but it requires continual focus, leadership and commitment – not just to prevent breaches but also to detect and respond to incidents rapidly when they happen.”

In another warning to CIOs, the report also shows that the number of reported security breaches rose by 48 per cent in 2013, to reach 42.8 million. This equates to 117,339 incidents every day.

Author: Graeme Parton