Security leaders believe their businesses would deprioritise cybersecurity in favour of improving the speed of digital transformation.
UK IT security leaders believe it would take a loss of around £145,000 from a cyber incident to incentivise their C-Suite to act more firmly on cyber risks, despite identifying it as the number one threat to the business.
According to a survey of 100 cybersecurity leaders by Trend Micro, 46% of those surveyed are confident their C-Suite completely understands the cyber risks facing their organisation. Also, 74% have felt boardroom pressure to downplay the severity of cyber risks amidst broader struggles with gaining credibility for the function.
So much so is the lacklustre approach to cybersecurity from boardrooms, that security leaders believe their businesses would deprioritise cybersecurity in favour of improving the speed of digital transformation (35%), employee experience (33%) and hybrid working (31%).
Written by
Dan Raywood
Senior Editor
SC Media UK
Dan Raywood is a B2B journalist with more than 20 years of experience, including covering cybersecurity for the past 16 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes.
He has spoken at events including 44CON, Infosecurity Europe, RANT Conference, BSides Scotland, Steelcon and ESET Security Days.
Outside work, Dan enjoys supporting Tottenham Hotspur, managing mischievous cats, and sampling craft beers.
