Report: Indian firms face serious security threats
As per a report, the cyber security infrastructure in enterprise is facing serious security threats and disconnect has been witnessed between the executives and the security teams. The report has been prepared by Websense and Ponemon Institute, a cyber security firm. The report titles- ‘Exposing the Cyber security Cracks: A Global Perspective’ and reveals that firms have limited visibility into attack activity.
As told to PTI, Surendra Singh, Websense Regional Director SAARC stated, “The report reveals that how better communication and information about cyber security, the right investment in skilled personnel and enabling technologies and the adoption of security measures will minimise risk of current and emerging cyber threats”. The study covered 545 IT and IT security practitioners in India with having 8 years of experience in the same filed.
The same research was carried out in other 14 countries including the US, Canada, Australia, China, Hong Kong, Singapore, United Kingdom, Germany, France, Netherlands, Sweden, Italy, Mexico and Brazil. The report reveals that 25% cyber security teams never talk about security to the executive team. Moreover, 25% discussed annually and 18% discussed semi-annually. The report also discloses that 67% professionals know another security professional whose firm had sensitive or confidential data stolen as a result of an insider threat, the report said. And 64% informed that data stolen by the insider was customer information and 59 per cent say intellectual property was stolen.
The report also stated that there are only 32% respondents believe their company is investing enough in skilled personnel and technologies to be effective in executing its cyber security objectives or mission. But, there are 45% companies that don’t even give cyber security education to the employees. The report also highlight, that there are very few companies that take measures for the new and emerging security threats. Along with this, 55% say that the security solution provider hype about the threats and risks faced by the company.
The report suggests that the firms have to eliminate uncertainty of cyber risks and the companies should invest in technologies that save the organisations cyber attacks.