Intelligent CISO Issue 52 | Page 18

cyber trends
A PERFECT STORM OF ESCALATING CYBERATTACKS AND GLOBAL TECH INNOVATION LEAVES 61 % OF CHIEF INFORMATION SECURITY OFFICERS ( CISO ) ONLY ‘ FAIRLY CONFIDENT ’ OF MANAGING THEIR CURRENT THREAT EXPOSURE . A RECENT REPORT FROM CROSSWORD CYBERSECURITY PLC EXPLORES THE FINDINGS IN MORE DEPTH .

Research reveals 40 % of companies believe their cyber strategy will be outdated in under two years rossword

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Cybersecurity Plc , the cybersecurity solutions company focused on cyber strategy and risk , has released a new report based on the findings of a survey of over 200 CISOs and senior UK cybersecurity professionals . The report , Strategy and collaboration : a better way forward for effective cybersecurity , reveals companies are more concerned and exposed to cyberthreats than ever before , with almost two-thirds ( 61 %) describing themselves as at best only ‘ fairly confident ’ at managing their current cybersecurity threat exposure , which should raise some eyebrows around the boardroom .
Respondents also feared their cyber strategy would not keep pace with the rate of tech innovation and changes in the threat landscape . Just under half ( 40 %) believe their existing cyber strategy will be outdated in two years and a further 37 % within three years . Additional investment is needed to address longer term planning , with 44 % saying they only have sufficient resources in their organisation to focus on the immediate and mid-term cyberthreats and tech trends .
The daily firefight
CISOs and cyber professionals report struggling to manage today ’ s cybersecurity risks across the board . Asked about the day-to-day aspects of securing their businesses on a scale including ‘ a little , somewhat , or very challenging ’, the following areas were ranked highest as at least somewhat challenging by respondents : ( total challenging figures in brackets )
• Detecting or identifying the occurrence of a cybersecurity event or threat – 56 % ( 85 %)
• Third-parties disclosing breaches in good time – 55 % ( 85 %)
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