Intelligent CISO Issue 72 | Page 19

cyber

TRENDS
The findings were taken from STX Next ’ s 2023 Global CTO Survey , which surveyed 500 global CTOs about the biggest challenges facing their organisation . Other key findings from the research included :
• A quarter ( 24 %) of CTOs said that security was their biggest challenge across the organisation , the fourth most popular response .
• Despite the growing threat of attack , just less than half ( 49 %) of companies surveyed said that they currently have a cyber insurance policy in place , while 59 % of businesses have implemented a ransomware protection solution .
• In-house security teams are still in the minority : just 36 % of companies have a dedicated team or department providing security services , whereas 53 % of companies are using the services of external specialised companies for security .
Krzysztof Olejniczak , CISO at STX Next , said : “ The data from this year ’ s survey indicates that employees are still the weakest point of company security . Despite deployment of comprehensive technology , poor implementation , substandard support processes or lack of governance can render these efforts useless .
“ In recent years , the frequency and severity of cyberattacks across all industries has risen extraordinarily , and employees are often carrying
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