New Survey Finds Shift in Cybersecurity and Privacy Issues Among Executives

by Tech Mainstream Staff


October 13, 2016


New Survey Finds Shift in Viewing Cybersecurity


The Global State of Information Security® Survey 2017 was recently conducted by PwC US, CIO and CSO to examine how executives are attempting to manage cybersecurity threats and attain competitive advantages. The emphasis is on how forward-thinking organizations are investing in cybersecurity and privacy technology that "can facilitate business growth and foster innovation.

Among the highlights of the survey are the following findings: "56% of respondents currently require employees to complete privacy training, 57% of survey respondents using biometrics for authentication, 46% of respondents investing in a security strategy for the Internet of Things, 43% of large businesses reporting phishing incidents, 59% of respondents said they have increased cybersecurity spending as a result of digitization of their business ecosystem,63% of survey respondents -- say they run IT services in the cloud. Additionally, approximately one-third of organizations were found to entrust finance and operations to cloud providers, reflecting the growing trust in cloud models, More than half (53%) of respondents employ open-source software and 62% of respondents say they use managed security services for cybersecurity and privacy."