UK Ceos see cyber security spend as a revenue opportunity: UK CEOs feel that investment in cyber security is a revenue opportunity rather than an expensive burden, according to a report by KPMG.

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As a part of KPMG's CEO Outlook 2017, I 50 UK CEOs were asked about their investment plans for the future and the issues affecting their business. It found that 70 per cent of leaders see investment in cyber security as an opportunity to find new revenue streams and innovate, rather than as an overhead cost.

The report also found that cyber security is now firmly a part of CEOs' agenda rather than one that previously only sat with the CIO or the CISO. 77 per cent of CEOs agreed with the statement: 'I am personally comfortable with the degree to which mitigating cyber risk is now part of my leadership role'.

Paul Taylor, UK head of cyber security at KPMG, said: "It's great that business leaders are finally seeing cyber security investment as a positive figure on the balance sheet rather than a negative one. However more needs to be done to make sure their businesses are prepared in the...

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