"Business Leaders Don't Understand Cybersecurity"

Delinea's new survey of over 2,000 Information Technology (IT) security decision-makers reveals that only 39 percent of respondents believe their company's leadership has a solid grasp of cybersecurity's role as a business enabler. In addition, more than one-third of respondents (36 percent) believe that cybersecurity is viewed as important only in regard to compliance and regulatory requirements, while 17 percent say it is not a business priority. This misalignment between business and security goals appears to have resulted in at least one negative consequence for 89 percent of respondents' organizations, with more than a quarter (26 percent) reporting an increase in the number of successful cyberattacks against their organization. Misaligned cybersecurity objectives have caused delays in investments (35 percent), delays in strategic decision-making (34 percent), and unnecessary increases in spending (27 percent). There are also consequences for individuals, with 31 percent of respondents reporting a stress-related impact on security teams. This article continues to discuss key findings from the survey of IT security decision-makers.  

BetaNews reports "Business Leaders Don't Understand Cybersecurity"