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Disturbing survey results show how much work is still ahead

22 Dec. 2014

According to an article in CSO Online, the global risk value report found that while 63 percent of top non-IT, Australian executives expect to suffer a data security breach at some point, only nine percent see “poor data security” as the greatest risk to their business.

As reported in the article, the results reflect “a worrying level of indifference” toward data security at the executive level, according to NTT Com Security Senior Vice President for Security Strategy and Alliances Garry Sidaway.

“The concern here is whether senior business decision makers recognise the risks to their organisation as well as understand the value of good data security. The report also suggests that there is still a disconnect between the cost of data breaches and the importance organisations place on IT security to drive these costs down,” Sidaway said. “With security incidents making headlines daily and costs soaring for a major breach, a security incident can have far-reaching implications.”

Click here for the full article.