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An extensive survey of over 1000 UK professionals, carried out by Advanced, has found that 26 percent of British businesses have left themselves open to cyber-attack.

Advanced’s inaugural Trends Report 2016 aimed to identify the state of readiness amongst British businesses in the face of serious digital disruption, while highlighting the ingredients needed to compete and be successful in this era. As well as revealing serious gaps in preparing for a cyber attack, the survey also highlighted three key trends around the state of business readiness: economic, digital and customer. 

The survey indicates that businesses could be ill-equipped for the turbulence being experienced now and ahead, arguably distracted by issues not within their control.

The report also asked about the implications of Brexit, 51 percent of respondents agreed that Brexit is an opportunity for growth and prosperity for British businesses, and 61 percent claimed to be well prepared or preparing for it. This is despite the fact that 60 percent of respondents agree that the biggest impact [of budget cuts] of Brexit will only be felt in the next 18-24 months.

“This research was designed to uncover the biggest concerns that UK businesses are facing today. It’s clear from these findings that businesses are grappling with the level of change. However, is it right that Brexit should be distracting business, when the outcome is still to be determined. In the meantime, the disruption from digital is becoming increasingly complex and pervasive. Given the numerous examples of high profile businesses being crippled by cyber-attacks, it raises the question as to why this isn’t at the top of the priority list for every business leader,” commented Gordon Wilson, CEO, Advanced.

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