Security News > 2023 > May > Survey: Most CISOs feel their business is at risk for cyberattack

Geographically speaking, the most concerned CISOs are located in the U.K., Germany and Singapore, with the U.S. being at 73%. Regarding the business verticals, CISOs in retail, manufacturing and finance feel the most concerned about cyberattacks.

CISOs consider business email compromise as the biggest threat to their organizations for the next 12 months.

Figure A. Insider threat, which was considered the biggest risk for CISOs last year, comes in just after the BEC threat.

64% of the CISOs believe they are sufficiently armed to mitigate the supply chain risk.

Proofpoint noted a concerning disconnect between the awareness of potential cyberattacks hitting companies and their preparedness, as 61% of the CISOs agree that their organization is unprepared to deal with a targeted cyberattack.

Regarding data loss, CISOs believe their boards' greatest concerns are reputational damage, impact on business valuation and loss of current customers, while the reality of real world impacts are operational downtime and data recovery, financial loss and regulatory sanctions.

News URL

https://www.techrepublic.com/article/ciso-survey-challenges-priorities/