Security News > 2022 > May > How confident are companies in managing their current threat exposure?
The paper reveals companies are more concerned and exposed to cyber threats than ever before, with 61 percent describing themselves as at best only "Fairly confident" at managing their current cybersecurity threat exposure, which should raise some eyebrows around the boardroom.
Respondents also feared their cyber strategy would not keep pace with the rate of tech innovation and changes in the threat landscape.
Stuart Jubb, Group Managing Director at Crossword Cybersecurity, commented: "The picture painted by our research shows CISOs are in urgent need of a strategic rethink. CISOs need to balance their cybersecurity operation's daily load with managing the organization's long-term requirements. Boards must make sure CISOs have the budget necessary to get short-term issues under control and then begin planning a long-term business wide strategy. Such a strategy should be supported by a standard operating model with robust processes and policies for the company's entire supply chain. Every month of delay leaves businesses open to potentially crippling cyber-attacks."
Several technology categories stood out with cloud transition and cyber in the cloud leading the way, followed by Cyber Security Mesh Architecture, and AI/Machine Learning.
Deciding how each of these categories will fit into the short-term cyber goals and longer term strategy of UK organizations will take serious consideration.
Jubb concluded: "Cybersecurity today is in a more tightly squeezed iterative cycle than it was in the past. It demands that organizations take a more strategic and collaborative approach - we recommend appointing a head of cyber security strategy, while leaving the CISO to deliver on the immediate challenges. Managing the day to day risks is a tough balancing act, but one that can be achieved if CISOs have the right resources to upskill their teams and tools that leverage AI to bring efficiency and automation to help protect their organization and its supply chain against today's threats."
News URL
https://www.helpnetsecurity.com/2022/05/26/organizations-cyber-strategy/