A survey has found high profile data breaches are leading to growing fears that businesses do not have the ability to detect cyber crime.
The survey, conducted by endpoint protection specialist Bit9+ Carbon Black, found that consumers in Britain are increasingly concerned that there are many data breaches yet to be discovered.
The researchers surveyed more than 2,000 adults in the UK and found that high profile data breaches such as the leaking of personal details of 32 million members of Ashley Madison, have led to increased fear of data breaches among the public. 81% said they worry that cyber criminals may already have stolen their personal data without anyone noticing.
94% of those surveyed said they feel it should be mandatory for businesses to put processes in place to detect if data has been stolen. The majority said firms should be able to detect breaches in 24 hours, with 47% wanting breaches detected in minutes.
A separate survey by security firm ThreatMetrix found that the UK is the top target for cyber criminals, with businesses in the UK targeted more frequently than those in the US.
Managing director at Bit9 + Carbon Black, David Flower, said: "Consumers feel that it's taking organisations far too long to detect a breach - if they can detect it at all - which is putting them at unnecessary risk. The demands for tougher penalties are an eye-opening indication of the way things could be headed if businesses don't sit up and take note of these concerns.
"It isn't enough to just put in a firewall and install antivirus software; cyber criminals have long since found their way past those defences.
"Businesses need to maintain always-on, continuous monitoring so they're able to notify customers immediately if their data is stolen. This will enable the victim to take measures such as cancelling cards or notifying credit reference firms early enough to prevent the cyber criminals from doing any serious damage."
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