Security News > 2024 > May > Most companies changed their cybersecurity strategy in the past year

Businesses worldwide have faced a rate of change in the threat environment evidenced by 95% of companies reporting cybersecurity strategy adjustments within just the past year, according to LogRhythm.

The perception of cybersecurity has changed from a purely technical issue to a central pillar of business strategy and corporate governance, with 78% stating that the cybersecurity leader or CEO-or both-are responsible for protecting against and responding to cyber incidents.

59% report difficulties explaining the necessity of specific security solutions to non-security stakeholders, indicating a pressing need for enhanced reporting mechanisms to navigate the complexities of decision-making in the modern security landscape.

Continuing positive news, 79% of security professionals now rate their security defense as either good or excellent.

It remains to be seen whether this is overconfidence, especially since security teams aren't reporting on key operational metrics that define whether their security investments and strategy changes have a measurable impact.

Even more concerning, 61% of security teams are still using manual and time-intensive approaches to share security status information.

News URL

https://www.helpnetsecurity.com/2024/05/03/cybersecurity-business-strategy-perception/