C-Suite needs to recognise threat of organised cyber crime says IBM

News: Rift between CIOs and their C-Level colleagues on combatting cyber crime exposed.

IBM Security has just released a new study, which reveals that the C-Suite are not aligned on how to combat cyber criminals. While77% of Chief Risk Officers (CRO’s), and 76% of CIOs/CTOS report that their firm’s cyber security strategy is well established, just 55% of CFOs and 51% of CEOs report the same.

The report, “Securing the C-Suite, Cybersecurity Perspectives from the Boardroom and C-Suite,” also found that while 50% of CEOs agreed that collaboration is necessary to combat cyber crime, just one third of them were willing to share their organisations’ cyber security incident information externally, with 68% reluctant to share such information externally.

This is in direct contrast to the growing collaborative ability of cyber criminals operating and sharing information on the dark web. For the full article click here 

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