Security News > 2022 > February > Why the C-suite should focus on understanding cybersecurity and investing appropriately

Trend Micro has published a research revealing that persistently low IT/C-suite engagement may imperil investments and expose organizations to increased cyber risk.

"Now it can be hours, or even sooner. More executives than ever understand that they have a responsibility to be informed, but they often feel overwhelmed by how rapidly the cybersecurity landscape evolves. IT leaders need to communicate with their board in such a way that they can understand where the organization's risk is and how they can best manage it."

42% of respondents claimed their organization is spending most on "Cyber-attacks" to mitigate business risk.

Low C-suite engagement combined with increased investment suggests a tendency to 'throw money' at the problem rather than develop an understanding of the cybersecurity challenges and invest appropriately.

46% of respondents claimed concepts like "Cyber risk" and "Cyber risk management" were known extensively in their organization.

77% want to hold more people in the organization responsible for managing and mitigating these risks, which would help to drive an enterprise-wide culture of "Security by design." The largest group of respondents favored holding CEOs responsible.

News URL

https://www.helpnetsecurity.com/2022/02/10/c-suite-engagement/