Chief Information Security Officers are feeling less confident than ever about cyber-risk and data security this year, according to a survey conducted by Ponemon Institute in late 2017.
As today’s climate of high-profile data breaches continues, 67% of respondents believe their companies are more likely to fall victim to a cyberattack or data breach in 2018. And, 60% are more concerned about a data breach from a third party, such as a partner or vendor.
Surprisingly, the top security threat on CISOs’ minds isn’t technology, hackers or even malware but the human factor, with 70% of CISOs calling “lack of competent in-house staff” their number one concern and 65% stating “inadequate inhouse expertise” as the top reason they are likely to have a data breach.
Respondents also believe it’s highly likely they’ll experience credential theft due to a careless employee falling for a phishing scam – a 65% chance – even more likely than a malware attack, a data breach or a cyberattack.
Other key factors singled out as likely reasons for data breaches include the inability to protect sensitive and confidential data from unauthorized access (59%); inability to…
