CEOs are apparently taking the lessons of 9/11 to heart. A new survey of 100 CEOs from leading U.S. companies shows that a vast majority has not only boosted security spending since 9/11 but also put in place crisis communications and updated emergency response plans. The survey, released this week by the Washington-based Business Roundtable, an association of CEOs from companies in the U.S. with a combined workforce of more than 10 million and $3.7 trillion in annual revenues, found that nearly all of the CEOs said their companies have significantly strengthened both physical and cybersecurity since the Sept. 11, 2001, terrorist attacks. In addition to increasing cybersecurity spending on average by 10%, nearly all of the CEOs said security spending would remain steady or rise slightly during 2004. Likewise, 99 out of the 100 CEOs surveyed said their companies have crisis communications programs for employees. As many as 88 said they have similar plans for customers, and 78 said a crisis communications plan had been put in place for suppliers. Full Story
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