How Cybersecurity Mismanagement Can Destroy Value

In a recent survey, professional service company KPMG found that despite cyber security remaining a critical business challenge, many cybersecurity executives indicated that information protection may not be the strategic corporate imperative that it should be. Michael Callahan, VP at FireMon commented below.

“With recent KPMG stats that show over 80% of execs they surveyed admitted that their companies had been compromised by cyber-attacks in the last 2 years, companies are taking a real risk to their brand value when it comes to not managing cyber security properly. The same study also showed that these companies often do not have a leader responsible for cyber security. Reading between the lines, this may be down to lack of resources or qualified individuals. If this is the case, organisations need to know they have options of security management tools that ease the staff burden and importantly allow them to take a proactive approach to cyber security when head count is an issue.”

Source:http://www.informationsecuritybuzz.com/hacker-news/cybersecurity-mismanagement-can-destroy-value/

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