UK organizations are getting better at taking proactive steps to manage risk, but the inside threat and mobile devices combined last year to increase detected incidents by 38%.
These are some of the key findings from the PwC Global State of Information Security Survey 2016 for which the consulting giant interviewed over 10,000 executives in more than 120 countries, including 637 in the UK.
Over 80% of UK organizations suffered service downtime as a result of security problems over the past 12 months, with mobile devices accounting for a third of reported incidents and current or former employees listed as the top source of issues.
The average cost of incidents as a result was £1.7m ($2.6m) over the period—far higher than the $6.3m estimated by HP and the Ponemon Institute in their report yesterday.
A majority (55%) of respondents claimed their boards don’t participate in the overall security strategy, and just one-third (36%) of CISOs or equivalent report to the CEO.
Fewer than half (47%) have a security strategy for cloud computing, while just 36% have implemented one for the Internet of Things.
More worrying still, nearly 10% of UK companies don’t know how many attacks they suffered this year and 14% don’t know how they happened.
However, there were also positives to take away from the report.
It claimed a 38% increase in detected information security incidents and a 24% boost in security budgets in 2015—although the UK average budget ($4m) still remains below that of US firms ($5m).
This article has been extracted from http://www.infosecurity-magazine.com, please click on this link to read the article in full http://www.infosecurity-magazine.com/news/mobiles-insiders-lead-38-increase/
Montash is a multi-award winning global technology recruitment business. Specialising in permanent and contract positions across mid-senior appointments across a wide range of industry sectors and IT functions, including:
ERP Recruitment, BI & Data Recruitment, Information Security Recruitment, Enterprise Architecture & Strategy Recruitment , Energy Technology Recruitment, Demand IT and Business Engagement Recruitment, Digital and E-commerce Recruitment, Leadership Talent, Infrastructure and Service Delivery Recruitment, Project and Programme Delivery Recruitment.
Montash is headquartered in Old Street, London, in the heart of the technology hub. Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.