The survey – conducted by ISP FreeTel among 750 respondents – reveals that despite the growth in e-commerce, many companies fail to list their products and services on their websites and as a result are missing valuable commercial opportunities.
Trevor Raven of FreeTel, said: ‘Many companies seem to have a website merely to say that they have one. Few companies unlock the potential for business on the Net properly.’
The study also found that only a quarter of companies asked barred their employees from unsuitable sites.
‘Companies need to make certain that their employees are not wasting their time and their company’s money on visiting unsuitable sites during working hours,’ Raven added .
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
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Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union