Monday, February 22, 2016

UK CIOs' cyber readiness may not be what you think

82% of UK CIOs are pressured by the business to prevent, detect and resolve security incident faster (particularly in financial sector) however,
25% not concerned with security breach
15% are proactively identifying threats
UK CIO’s believe 26% would be able to uncover breach within 14 days and 33% within 90 days. Additionally, the biggest tale revealed/say, 52% would know how and what systems were affected if a breach were to happen today and within 24 hours.  Really...with other stats that show:
256 days to detect breach
100-120 days to remediate after attack
Average cost of $3.8 million

Alarming statistics particularly since hackers are no longer just smart young kids but instead, heavily funded organizations with high stakes and very passionate motives.
End-point protection is still lacking in comparison to the deployment of traditional firewall, anti-virus, intrusion detection system and encryption.  External partner connections extend the physical boarder which offers no consistency in data protection today and dialog between companies as well as inter-countries have proven to be a challenge.  Additionally, another gap is the lack of qualified cyber security professionals as seen by the large volume of open positions that have proven difficult to fill.  Cyber security is the 6th fastest growing industry in the UK and is set to grow 13% per year according to the Department of Business, Innovation and Skills (BIS)…which some say can take 20 years to fulfill.

Article sources:
Carbon Black 
Ponemon 
Computer Weekly

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