U.S. Organizations Are Still
LOSING THE CYBERWARTo Hackers in 2014
Current State of Cybercrime Hits Home
59% of surveyed respondents were more concerned about cybersecurity than the previous year, here is why:
of companies have a methodology to prioritize security investments based on risk and impact to business strategy.
Only 38%
77%of organizations have reported a security event in the past 12 months.
135 average cyber incidents per organzation in the last year.
34%said the number of security incidents increased over previous year.
of U.S. respondents are worried about the impact of cyber threats to their business growth prospects, compared with 49% of global CEOs.
69%
Lack of Cybersecurity Leadership Costs Organizations
of those who detected a security incident were not able to estimate the financial costs.
69%could estimate the average annual monetary loss and claimed it was
ONLY 33%
$415,000
of all U.S. entities reported financial losses of
19%$50,000 - $1 MILLION
Study Reveals 8 Major Cybersecurity Concerns
Most organizations do not take a strategic approach to cybersecurity spending
Organizations do not assess security capabilities of third-party providers Supply chain risks
are not understood or adequately assessed
Security for mobile devices is inadequate and has elevated risks
Cyber risks are not sufficiently assessed Organizations do
not collaborate to share intelligence on threats and responses
Insider threats are not sufficientlyaddressed
Employee training and awareness is very effective at deterring and responding to incidents, yet lacking at most organizations
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2
3
4
5
6 7
8
Combatting Cybercrime Involves Collaboration and Strategic Spending
of companies with high-performing security practices collaborate with others to deepen their knowledge of security and threat trends.
82%of CSOs expect their time with business leaders to increase over the next three years.
79%
are placing more value on risk management in the next 12 months while 49% expect their budgets to increase in that same span.
61%
$683,000
Companies without security training for new hires reported average annual losses of
for those who do have training.
RISKMANAGEMENT
say insider crimes are more costly or damaging than incidents perpetrated by outsiders. However, 49% of all respondents have a plan for responding to insider threats.
32%
Cybercrime is a clear, present, and permanent danger. While its a permanent condition, however, the actors, threats, and techniques are very dynamic.
Tom Ridge, CEO of Ridge Global and first secretary of the U.S. Department of Homeland Security
In todays cybercrime environment, security decision-makers rely on CSO and their partners for the latest in security solution products and services. Contact Bob Bragdon, Publisher, CSO at [email protected] or visit www.csomediakit.com to learn how CSO is helping to lead the fight against cybercrime and to request the full results of this study.
Sources: 2014 U.S. State of Cybercrime Survey from CSO, PwC, U.S. Secret Service, and CERT Division of Software Engineering Institute at Carnegie Mellon University; 2014 State of the CSO Study; PwCs Annual Global CEO Survey 2014; PwC, Global Economic Crime Survey 2014, February 2014
Over 500 U.S. executives, security experts, and others from private and public sectors responded to the 2014 U.S. State of Cybercrime Survey.
CEOs Make Headlines Following Breaches
compared to $182,000
Security Decision-Makers Collaborate with CSOand their Trusted Partners
Target CEO Resignation Highlights Cost of Security Blunders
10 MistakesCompanies MakeAfter a Data Breach
Apple CEO Says iCloud Security Will Be Strengthened
csoonline.com, September 2014 csoonline.com, May 2014 csoonline.com, November 2013
on average
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