77 percent companies don't have proper cyber security- reports

San Fransico, March 15: Nearly 77 per cent companies lack proper cyber security measures and almost half of them have either informal/ad hoc or completely non-existent response plans in case of a data breach, a global study said on Wednesday.

Despite the lack of formal planning, 72 per cent still feel more cyber resilient today than they were last year, said the study conducted by leading IT security research organisation Ponemon Institute and sponsored by IBM Resilient, an IBM company.

"In fact, 60 percent of respondents consider a lack of investment in Artificial Intelligence (AI) and Machine Learning (ML) as the biggest barrier to cyber resilience.

"A response plan that orchestrates human intelligence with machine intelligence is the only way security teams are going to get ahead of the threat and improve overall cyber resilience," said Ted Julian, Vice President of Product Management and Co-Founder, IBM Resilient.