When it comes to cyber security, most CEOs don’t get it. That was the conclusion of a recent survey of IT security professionals on the state of their companies’ defenses against data leaks or malicious attacks.
The survey, sponsored by Websense and conducted by the Ponemon Institute, exposes the lack of communication between IT and upper management about the importance of cyber security and the damage a data breach can do to a company’s public image and bottom line.
More than half of security professionals believe that their organizations’ security controls don’t provide adequate protection against advanced cyber attacks, according to more than 5,000 IT professionals from 15 countries including the U.S. The same portion of IT professionals said that executives fail to appreciate the value of putting effective security controls in place, and do not equate a data breach with financial loss. This echoes a similar study conducted last year, also by the Ponemon Institute, which concluded that a majority of IT professionals fail to communicate security risks effectively to upper management.
Read more about it here.