Cybersecurity no. 1 challenge for CXOs, but only 39% have a defense strategy

Cybersecurity no. 1challenge for CXOs, but only 39% have a defense strategy

0:00
Fullscreen

C-level executives rank cybersecurity as the no. 1 challenge they face for the third consecutive year, as more than 85% of companies report experiencing a breach in the past three years, according to a recent report from global management consulting firm A.T. Kearny. However, only 39% of the 400 executives and board members surveyed said their company has fully developed and implemented a cyber defense strategy, the report found, putting them at increased risk for future attacks.

A similar share—37%—said their company has yet to create a cyber defense strategy at all, let alone implement it, the report found. The remaining 24% of executives said their company has developed a strategy, but has yet to fully implement it.

"Given the high stakes—and that executives have long identified cybersecurity as a top challenge for their business—this is a glaring vulnerability," the report stated.

SEE: Network security policy

When it comes to attacks, about one-third of executives said their company experienced a cyberattack that compromised customer privacy, while another third said an attack compromised business operations, the report found. About 28% said the company's intellectual property and employee privacy were affected in an attack. Reputational damage was the most frequently cited material effect of these cyberattacks, the report found, followed by increased personnel and expert consultant costs.

Companies that do have a cyber defense plan implemented see several benefits, according to the report. After a breach, 47% of companies with a fully-implemented plan were able to identify the cause of the breach and resolve it within one month, compared to just 26% of those without a complete strategy. Some 18% of executives with fully-implemented cyber defense strategies reported experiencing no cyber breaches over the past three years, while only 6% of those with partially-developed or no plans said the same.

C-Suite executives are split on the top strategies to mitigate cyber threats, the report found. The most popular steps companies have taken to prevent attacks include employee training programs (32%), comprehensive information security strategies (31%), recruitment of high-skilled IT employees (31%), cybersecurity behavior analytics (31%), terms and conditions in contracts (30%), and proactive monitoring and auditing capabilities (29%).

Lower down, the list also includes strategies such as advanced multi-factor authentication tech (29%), cyber insurance (29%), and robust cyber incident response and recovery plan (28%).

"Companies with a fully implemented cyber strategy are better staffed and prepared for cyberattacks," the report found. "Given the consistent and growing concern among executives about rising cybersecurity threats—and the implications for their operations and reputation—it is striking that such a gap in strategic preparations remains."

To learn more about how to create a cyber defense strategy, click here.

The big takeaways for tech leaders:

More than 85% of companies experienced a cyber breach in the past three years. — A.T. Kearny, 2018
Only 39% of companies have a fully-developed and implemented cybersecurity defense strategy. — A.T. Kearny, 2018

Comments

Title

Link

https://amzn.to/3isoLUX https://www.amazon.in/gp/product/B082PFY9S7?smid=AT95IG9ONZD7S&psc=1&linkCode=sl1&tag=mywebsit0749e-21&linkId=5108a27204271760a5ba4d6108af7893&language=en_IN&ref_=as_li_ss_tl https://amzn.to/3ist5DR https://amzn.to/3s5ZcMQ

New Amazon class certifies cloud pros in securing data on AWS

New Amazon class certifies cloud pros in securing data on AWS The AWS Certified Security - Specialty Exam could help tech professionals broaden their skills on the AWS platform. 0:00 Fullscreen Building a slide deck, pitch, or presentation? Here are the big takeaways: A new class from Amazon, the AWS Certified Security - Specialty Exam, will validate a cloud pro's ability to secure the AWS platform. Cloud skills are in high demand, but added security expertise could help set job seekers apart. A new professional exam from Amazon Web Services (AWS) will help cloud experts validate their ability to secure data on the platform, according to a Monday blog post . The AWS Certified Security - Specialty Exam is now available to those who hold either an Associate or Cloud Practitioner certification from AWS. As noted in the post, AWS recommends that those taking the exam have at least five years

Some Hot New Technologies That Will Change Everything

Some Hot New Technologies That Will Change Everything Illustration: Randy Lyhus The Next Big thing? The memristor , a microscopic component that can "remember" electrical states even when turned off. It's expected to be far cheaper and faster than flash storage. A theoretical concept since 1971, it has now been built in labs and is already starting to revolutionize everything we know about computing, possibly making flash memory, RAM, and even hard drives obsolete within a decade. The memristor is just one of the incredible technological advances sending shock waves through the world of computing. Other innovations in the works are more down-to-earth, but they also carry watershed significance. From the technologies that finally make paperless offices a reality to those that deliver wireless power , these advances should make your humble PC a far different beast come the turn of the decade. In the following sec

Information security policy

Information security policy To protect your information assets, you need to define acceptable and unacceptable use of systems and identify responsibilities for employees, IT staff, and supervisors/managers. This policy offers a comprehensive outline for establishing rules and guidelines to secure your company data. From the policy: Employee responsibilities An employee who uses the company workstations or systems to conduct business operations must: Ensure that all equipment use is for business/professional reasons. Access only information that is needed to perform their jobs or assist others in doing so as part of the valid scope of their duties. Be responsible for the content of all data, including text, audio, and images they share internally or externally. All communications should have the employee’s name attached. Be responsible for all actions/transactions performed with their accounts. Use passwords and screen locks on company-owned systems or devices, or those

Ways To Earn CryptoCurrency For Free

Some Websites Are Listed Below For Earning:- 1. Sphere by Horizen 2. GramFree 3. Earnabl y 4. Crypto Tab Browser 5. Honey 6. Coinpayu Sphere by Horizen Due to a change of the Application ID in v1.2.6-beta, Windows users upgrading from 1.2.5-beta or earlier or setups with multiple user accounts must uninstall Sphere by Horizen first, using the "Programs" utility from the "Control Panel" before installing any version greater than v1.2.5-beta. Please follow the upgrade guides for Windows or macOS . Latest Version: v1.2.8-beta For a list of changes implemented in this version, please view the changelog . Due to significant improvements to data handling, users who took part in version 1.0.1-beta or earlier are advised to create new accounts and restore their wallet seeds. An upgrade mechanism will be included in a future release to remove the requirement on the user to perform this step. User manual: https://horizenofficial.atlassian.net/wiki/spaces/ZEN/page

Network security policy

Network security policy This policy will help you create security guidelines for devices that transport and store data. You can use it as-is or customize it to fit the needs of your organization and employees. From the policy Summary Every company’s network is made up of devices that transmit and store information. This can include internal and external systems, either company-owned or leased/rented/subscribed to. To protect company data and reputation, it is essential to ensure that the network is secured from unauthorized access, data loss, malware infestations, and security breaches. This must be done via systematic end-to-end controls. Policy details The IT department will be responsible for implementing, adhering to, and maintaining these controls. For the purposes of this document, “all devices” refers to workstations, laptops, servers, switches, routers, firewalls, mobile devices, and wireless access points. Where possible, these guidelines will app

Google I/O 2019 schedule includes sessions on Stadia, dark mode, lots of Assistant, but no Wear OS

Google I/O 2019 schedule includes sessions on Stadia, dark mode, lots of Assistant, but no Wear OS Google I/O is one of the most exciting times of the year for us tech nerds, and as we near the 2019 event, the schedule is now up for all to see . This isn't the full complement of sessions — many smaller talks and workshops will be added in due course — but it does give us a good idea of which areas Google is likely to focus on most this year. It all kicks off on May 7 at 10am with the Google Keynote at the Shoreline Amphitheatre where Sundar will talk us through some of Google's key goals for the year ahead, followed by a more developer focussed keynote. The rest of the first day is packed with sessions on gaming, Material Design, self-driving cars, Android, and a number on Assistant. The 3pm deep dive into the streaming tech behind Stadia could be particularly interesting. There's also a talk about building apps for foldable displays . Day two starts wit

Why Original peanut butter and is it healthy?

Original peanut butter is an original American recipe with a desi twist. It is a spread produced from roasted peanuts along with pink Himalayan salt and brown sugars of the healthiest kind. To give it a balanced taste, MYFITNESS uses 100 percent perfectly roasted peanuts. It is high in nutritional value and can help improve your health. Before purchasing any peanut butter, make sure to verify the nutritional value and calorie count. Depending on your dietary needs and fitness goals, choose flavors with a higher protein concentration. MYFITNESS provides original peanut butter in two variants: Smooth & Crunchy . Peanut butter is a good source of: Vitamin E Niacin (B3) Manganese Vitamin B6 Magnesium General benefits of peanut butter There are numerous health benefits that peanut butter provides such as: Weight management Boosts Heart health Boosts Energy Good source of Vitamins and Minerals Potential Antioxidants Rich in Dietary fiber Manages healthy fats Helps regulate blood suga

Widespread Idea's

Search This Blog