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%).
Dan Raywood is a seasoned B2B journalist with over 20 years of experience, specializing in cybersecurity for the past 15 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes. Outside work, Dan enjoys supporting Tottenham Hotspur, managing mischievous cats, and sampling craft beers.
Dan Raywood is a seasoned B2B journalist with over 20 years of experience, specializing in cybersecurity for the past 15 years. He has extensively covered topics from Advanced Persistent Threats and nation-state hackers to major data breaches and regulatory changes. Outside work, Dan enjoys supporting Tottenham Hotspur, managing mischievous cats, and sampling craft beers.
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