Cybersecurity may have risen to top of broader business priorities but organisations and employees are still neglecting the basics, which is why breaches keep happening.
In February, BT Security published the results of a global survey featuring opinions of over 7000 business leaders, employees and consumers from across the world. The findings unpack how a few major trends are changing the role of the Chief Information Security Officer (CISO). Conducted in partnership with Davies Hickman Partners, BT Security’s research identifies security as a top priority for businesses and, thus, CISOs have never been more integral to business success.
Some key findings are listed below:
- Around 76% of business executives rate their organisation’s IT strategy as excellent or good at protecting against cybersecurity threats
- But this seems to lead to complacency; with 84% of executives also revealing that their organisation has experienced a security incident in the last two years.
- Less than half of respondents had received training on data security and only one in three were fully aware of the policies and procedures they should follow to protect their organisation’s data.
- 45% of employees admitted that they had suffered a security incident at work and not reported it. Around 15% confessed that they had given their work log-in and password to others.
- And customers are taking notice. Only 16% of consumers strongly trust large organisations to protect their personal data. As a result, nearly two thirds of consumers would recommend an organisation that they believe makes a concerted effort to keep their data secure.
All of this makes the role of the CISO more critical, and more complex, than even before. Modern CISOs must protect the business against threats and mitigate risks, in addition to managing brand perception, employee engagement and spearheading the strategic adoption of new technologies.
“The huge increase in the pace of digital transformation during 2020 has not only further erased the traditional parameters of the CISO role, but also intensified the scale and complexity of threats to protect against. As a result, CISOs must ensure that they have the visibility that not only makes them the first port of call for security incidents, but also ensures they’re placed at the heart of strategic decision making and planning,” notes Kevin Brown, MD of BT Security.
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