Enterprise Security Decisions Reach Board Level and Take Primary Consideration among Business Initiatives
Ninety percent of CIOs and CTOs believe the job of keeping their enterprise protected is becoming more challenging according to new research from Fortinet.
The increasing frequency and complexity of threats (88 percent) and the new demands of emerging technology like the Internet of Things (IoT) and biometrics (88 percent) pose the biggest challenge to ITDMs to keep their organizations secure. The majority of ITDMs have been provoked into action by rising data privacy concerns (90 percent) and securing big data initiatives (89 percent); in the majority of cases this means new IT security investment.
The growing awareness of IT security within the boardroom – and its resulting pressure and involvement – was cited as a major contributor to making the IT security job more difficult. Industry sectors with the highest predisposition to invest in IT security were financial services (53 percent) and telecoms/technology (59 percent).
“With IT security on the boardroom agenda, this and other challenges are clearly adding weight onto the shoulders of senior IT professionals and questioning the ability of some organizations to exploit innovation while remaining secure,” said John Maddison, vice president of marketing products, at Fortinet. “These organizations must act now to address the impact of the growing threat environment and increased scrutiny on IT security, re-evaluating their goals to ensure they strike the right balance and achieve resilience in the face of cyber threats.”