According to Deloitte’s Future of Cyber Survey 2019, 35 percent of CSO and 34 percent of CIO respondents ranked cyber transformation as the second most challenging aspect of cyber risk management. The survey polled 500 C-level executives who oversee cybersecurity at companies with at least $500 million in annual revenue including 100 CISOs, 100 CSOs, 100 CTOs, 100 CIOs, and 100 CROs.
There is a stark disconnect between aspirational transformation goals and the reality of finite resources for organisations to prioritise for cyber as a critical business area to focus on.
Deloitte’s global survey shows, enterprise businesses currently lack adequate funding to support an all-round security infrastructure. Adding to that is also the issue of skilled cyber professionals to mitigate risk and these are some of the key gaps in any organisation’s capabilities to meet today’s cybersecurity demands. Boards are not discussing cybersecurity as often as they should with only 4% of…
