According to the Protivit 2015 IT Security and Privacy Survey, a third of firms still do not have policies to address cybersecurity and encryption issues. Security editor Warwick Ashford highlights results from the survey, which gathered feedback from more than 700 executives on areas such as their security and privacy policies, data retention and storage and data governance, and shares insights on key results and takeaways from Ryan Rubin, a Protiviti managing director.
As hacks mount, October’s cybersecurity push refocuses urgency for user, executive engagement
In the first week of National Cyber Security Awareness Month (NCSAM), with cybersecurity top of mind for many consumers and businesses, two major hacks of Australian corporations reinforced the need for businesses in the country to protect company and consumer data. Additionally, recent ISACA research gathered from a survey of privacy and risk professionals found that only 29 percent were confident in their organizations’ ability to protect sensitive data. CSO Online’s David Braue discusses the survey results and their security implications and the importance of awareness efforts like NCSAM for promoting a safer Internet.
Lessons not learned as cyber crime still rife
One of the top concerns in today’s business environment is dealing with cyber challenges; many companies are unsure about their cyber preparedness and safety. According to a recent PwC survey of more than 100,000 executives around the world, 10 percent of companies in the United Kingdom are unaware of how many cyber attacks they have recently suffered, and 14 percent of companies do not know how these attacks occurred. Richard Summerfield discusses the survey results and how business attitudes around cybersecurity are changing.
Failing to Protect “Internet of Things” Data is Biggest Threat to Tech, Says Symantec, Cisco, RSA Security
International Business Times
According to top security leaders at Symantec, Cisco, RSA and others who joined the National Cyber Security Alliance (NCSA) for a day of events at the Nasdaq MarketSite in New York City, the growing Internet of Things presents both threats and opportunities for securing the Internet and strengthening companies’ images. As the breadth of connected devices and objects grows to include anything from smartphones to nuclear power plants, consumers will build higher “expectations about what companies need to do.” Jeff Stone shares insights from the high-level NCSAM event attendees and discusses the opportunities for developers to build security into connected products from the start.
CIOs reporting directly to CFOs can create massive cybersecurity headaches
According to a recent study sponsored by the Georgia Tech Information Security Center, many organizations need to upgrade their security systems and programs but lack the funding they need to conduct these upgrades. James Kosur discusses the importance of finance chief executives including cybersecurity resources and programs in their budget reviews and how reporting structures may impact the funding around cybersecurity at companies.
Why Corporate Boards Are Picking Women to Fill Cybersecurity Posts
In recent years, as cybersecurity and data breaches have become growing concerns, 16 large companies have appointed directors with cybersecurity expertise, more than half of them women. Anders Melin and Jeff Green discuss the recent surge in hiring women for top cybersecurity positions, tracing it back to the 1980s and 1990s when software development, big data and other tech areas were still new (and their positions unclaimed) and also attributing boards’ desire to diversify their memberships, and the sudden need for executives with cybersecurity backgrounds.