Business Wire

Hands Tied: Half of Organizations Say Cyber Attacks Are on the Rise, but Resource Constraints Persist

Del

New and evolving threats combined with persistent resource challenges limit organizations’ abilities to defend against cyber intrusions, according to the second installment of ISACA’s 2017 State of Cyber Security Study. Eighty percent of the security leaders who participated in the survey believe it is likely their enterprise will experience a cyberattack this year, but many organizations are struggling to keep pace with the threat environment.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20170605005448/en/

ISACA's State of Cyber Security 2017 study found that the percentage of organizations with a CISO in ...

ISACA's State of Cyber Security 2017 study found that the percentage of organizations with a CISO increased by 15 points from 2016. However, the percentage of organizations increasing their security budgets declined by 11 points. (Graphic: Business Wire)

More than half (53 percent) of survey respondents reported a year-over-year increase in cyberattacks for 2016, representing a combination of changing threat entry points and types of threats:

  • IoT overtook mobile as primary focus for cyber defenses as 97 percent of organizations see rise in its usage. As IoT becomes more prevalent in organizations, cyber security professionals need to ensure protocols are in place to safeguard new threat entry points.
  • Sixty-two percent reported experiencing ransomware in 2016 but only 53 percent have a formal process in place to address it—a concerning number given the significant international impact of the recent WannaCry ransomware attack.
  • Malicious attacks that can impair an organization’s operations or user data remain high in general (78 percent of organizations reporting attacks).

Additionally, fewer than 1 in 3 organizations (31 percent) say they routinely test their security controls, and 13 percent never test them. Sixteen percent do not have an incident response plan.

“There is a significant and concerning gap between the threats an organization faces and its readiness to address those threats in a timely or effective manner,” said Christos Dimitriadis, Ph.D., CISA, CISM, ISACA board chair and group head of information security at INTRALOT. “Cyber security professionals face huge demands to secure organizational infrastructure, and teams need to be properly trained, resourced and prepared.”

The Cyber Security Resource Problem

This year’s survey respondents indicated that, while cyber security is a priority for enterprise leadership, roadblocks facing cyber security professionals remain.

The good news: more organizations than ever now employ a chief information security officer—65 percent, up from 50 percent in 2016. However, security leaders continue to struggle to fill open cyber security positions, as part 1 of this year’s State of Cyber Security report indicated, and nearly half (48 percent) of respondents don’t feel comfortable with their cyber team’s ability to address anything beyond simple cyber security issues. Additionally, more than half of all respondents say cyber security professionals lack an ability to understand the business.

Though training is critically needed to address these skill shortages, 1 in 4 organizations have training budgets of less than US $1,000 per cyber security team member. While overall cyber security budgets remain strong, fewer organizations are increasing their budgets this year. About half will see budget increases, down from 61 percent in 2016.

“The rise of CISOs in organizations demonstrates a growing leadership commitment to securing the enterprise, which is an encouraging sign,” said Dimiatridis. “But that’s not a cure-all. With the number of malicious attacks increasing, organizations can’t afford a resource slowdown. Yet with so many respondents showing a lack of confidence in their teams’ ability to address complex issues, we know there is more that must be done to address the urgent cyber security challenges faced by all enterprises.”

ISACA’s State of Cyber Security Study 2017 is available as a free download at www.isaca.org/state-of-cyber-security-2017. Part I covers workforce issues, and part II addresses the threat landscape. This report is the latest resource from ISACA’s Cybersecurity Nexus (CSX), which provides knowledge, skills-based training and performance-based certifications, and career guidance for cyber security professionals and those looking to build cyber security skills.

About ISACA

Nearing its 50th year, ISACA ® (isaca.org) is a global association helping individuals and enterprises achieve the positive potential of technology. ISACA leverages the expertise of its half-million engaged professionals in information and cyber security, governance, assurance, risk and innovation, as well as its enterprise performance subsidiary, CMMI® Institute, to help advance innovation through technology.

Contact information

ISACA
Jay Schwab, +1.847.660.5693
communications@isaca.org
or
Amanda Elfving, +1.303.527.4605
isacapr@ogilvy.com

Om Business Wire

Business Wire
Business Wire
24 Martin Lane
EC4R 0DR London

+44 20 7626 1982http://www.businesswire.co.uk

Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.

Følg saker fra Business Wire

Registrer deg med din epostadresse under for å få de nyeste sakene fra Business Wire på epost fortløpende. Du kan melde deg av når som helst.

Siste saker fra Business Wire

Global Game Exhibition 'G-STAR 2017' Ends with a Big Finale14.12.2017 00:00Pressemelding

The global game exhibition ‘G-STAR 2017’ had attendees in 2,857 booths from 676 companies in 35 countries and was the largest ever held in history; amidst an enthusiastic response from industries and attendees it ended with a big finale. This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171213005402/en/ G-STAR 2017 Public Area (Photo: Business Wire) ‘G-STAR 2017’ was hosted by the Korea Gaming Industry Association (K-GAMES) and managed by the G-STAR Organizing Committee and the Busan IT Industry Promotion Agency. It was held for four days from November 16 (Thursday) through November 19 (Sunday) at the Busan BEXCO. This was the 13th year for ‘G-STAR’, and it opened its doors to attendees with a variety of contents in an area approximately 55,300 square meters in size which included Exhib

IFF Declares Dividend for Fourth Quarter 201713.12.2017 21:15Pressemelding

Regulatory News: International Flavors & Fragrances Inc. (NYSE: IFF) (Euronext Paris: IFF), a leading innovator of sensory experiences that move the world, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.69 per share of the Company’s common stock, payable on January 8, 2018 to shareholders of record as of December 29, 2017. Meet IFF International Flavors & Fragrances Inc. (NYSE:IFF) (Euronext Paris: IFF) is a leading innovator of sensorial experiences that move the world. At the heart of our company, we are fueled by a sense of discovery, constantly asking “what if?”. That passion for exploration drives us to co-create unique products that consumers taste, smell, or feel in fine fragrances and beauty, detergents and household goods, as well as beloved foods and beverages. Our 7,400 team members globally take a

Limelight Networks Enhances DDoS Security Services with Faster Mitigation of Malicious Website Attacks13.12.2017 19:18Pressemelding

Limelight Networks, Inc. (Nasdaq: LLNW), a global leader in digital content delivery, today introduced new capabilities to its DDoS Attack Interceptor Service that provide high-capacity on-network scrubbing and a scalable range of protection measures for web infrastructure, with the ability to easily increase protection as security requirements change. Protecting websites from online attacks and cyber threats is one of the most pressing security challenges today. For example, data from Limelight’s State of Cybersecurity Report: SE Asia shows consumers are very concerned about the security of ecommerce sites, with 72 percent saying they have a negative opinion of a brand after hearing that it has suffered a cyberattack. In addition, 51 percent of online websites feel they are vulnerable to attacks that could have significant financial and b

Interactive Brokers Now Allowing Short Positions in Bitcoin Futures13.12.2017 17:15Pressemelding

Interactive Brokers Group, Inc. (NASDAQ GS: IBKR), a global electronic brokerage firm, will now accept orders for short sales of Cboe Futures Exchange (CFE) Bitcoin futures that began trading on the IBKR platform on Sunday, December 10, 2017. Interactive Brokers requires margin of $40,000 per contract for short sales in CFE Bitcoin futures. Margin on long positions of CFE Bitcoin futures is currently $9,000. “The introduction of short sales was necessitated by the large premium of the January futures contract over the price at which Bitcoin trades on the physical venues,” said Interactive Brokers founder, Chairman and CEO Thomas Peterffy. Interactive Brokers requires customers who wish to trade Bitcoin futures to execute a special agreement acknowledging the risk inherent in the contract. Current and new clients can learn more about trading Bitcoin futures with IBKR a

Sunny Optics Officially Licenses ImmerVision Panomorph Lens Technology for Global Production13.12.2017 12:47Pressemelding

ImmerVision, developer of exclusive and patented panomorph wide-angle imaging technology, is proud to announce that Sunny Optics (Zhongshan) Co., a subsidiary of Sunny Optical Technology (Group) Co. Ltd., a leading manufacturer of integrated optical components and products, has licensed panomorph lens technology for global production, and will deliver its first small form-factor panomorph high-resolution super-wide-angle lenses for smartphones and mobile devices in Q1 2018. Panomorph lens technology combines state-of-the-art optical design and advanced, optimized algorithms, including low-power dewarping, to produce high-resolution super-wide-angle images without distortion, even in low light conditions. Sunny Optical is the largest Chinese lens supplier for the most popular smartphone brands and OEM applications such as sports cameras, surveillance, 360 image capture, autom

Synacor Launches Enhancements to Zimbra Communications and Collaboration Suite13.12.2017 12:30Pressemelding

Synacor Inc. (NASDAQ:SYNC) today announced the commercial launch of Zimbra 8.8. The easy-to-use collaboration platform comes with new user experience features such as Zimbra Drive for enterprise-level file sync and sharing and Zimbra Chat. The Network Edition features tech stack enhancements including real-time backup, ActiveSync across mobile and desktop, hierarchical storage management (HSM) that enables customers to move archival data to less expensive storage solutions, and improved delegated admin functionality. “Zimbra 8.8 is an exciting update for end users and technical decision makers,” said Marcus Teo, Vice President, Enterprise Sales & Marketing, Synacor. “Customers look to Zimbra for security, privacy and transparency through open code, extensibility, accessibility on multiple devices and deployment flexibility. This update builds on these tenets and incorporates enhancemen

I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.

Besøk vårt presserom