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April 2018, Vol. 20, No. 2

CISO survey paints a grim picture: Weak staff, breach fears

The Ponemon Institute surveyed more than 500 CISOs about their organizations' cyber-risks in 2018 and found growing concerns for the coming year. The skills shortage amid looming data breaches and cyberattacks ranked high on that list, according to the CISO survey, with 70% of respondents citing lack of adequate in-house staff as the top threat in 2018 and 67% indicating their company was more likely in 2018 to suffer a data breach or cyberattack. In addition to worries about in-house expertise, more than half of CISOs cited an inability to protect sensitive data from unauthorized access, keep up with the "sophistication and stealth" of hackers, and failure to control third parties' use of sensitive data as potential reasons for more data breaches. Information security budgets in 2018 do not reflect growing security concerns. One-third of the CISO survey respondents pointed to inadequate funding. IT security budgets for the majority of organizations have stayed flat since last year, according to 40% of the CISOs surveyed; 36% ...

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