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 is a B2B journalist with 25 years of experience, including covering cybersecurity for the past 17 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 Forum, BSides Scotland, Steelcon and the National Cyber Security Show, and served as editor of SC Media UK, Infosecurity Magazine and IT Security Guru. He was also an analyst with 451 Research and a product marketing lead at Tenable.
