A third of Singapore firms lack confidence in their ability to detect cyber attacks: survey

SINGAPORE – At least a third of Singapore organisations lack confidence in their ability to detect cyber attacks, going by a recent survey on Monday.

This is in line with the global figure, which stands at 36 per cent.

The annual survey, conducted by financial services consulting firm EY, also found that a large 56 per cent of the Singapore respondent believe their IT security budgets should be increased by up to 50 per cent to align their organisation’s need for protection with its management tolerance for risk. For the full article click here 

from cyber security caucus http://ift.tt/1OzhrQB
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