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CEOs worried about cyberattacks are altering their digital behavior, including deleting social media accounts, according to a new report on views from the boardroom.
Cyberattacks have become the most feared threat for large organizations, according to the annual CEO survey from professional services firm PwC.
Eight out of every 10 CEOs surveyed saw cyber threats as the most significant risk to their businesses, surpassing skills (79%) and the speed of technological change (75%).
“It’s clear that cybercrime continues to grow as an issue for CEOs around the world, meaning that for many, the threat to their margins, their brands and even their continued existence from cyberattacks is no longer an abstract risk that can be ignored,” said Richard Horne, cybersecurity chair at PwC.
The PwC report found that many CEOs have taken actions around their personal use of technology to help protect against hackers.
Just under half (48%) of CEOs deleted their social media accounts and virtual assistant applications.
Hackers could target social media accounts to gain access to personal information about top executives. At the same time, privacy concerns surround virtual assistants and their ability to enable eavesdropping.
PwC surveyed over 1,600 CEOs from around the world for its report.
