Digital transformations hindered by cyber risks

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Global cybersecurity company, Forcepoint, has recently unveiled the results of an Australian study conducted by IT analyst firm Frost & Sullivan. Half of the respondents believed that digital transformation is hindered by cyber risks.

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By Darcy Song

Global cybersecurity company, Forcepoint, has recently unveiled the results of an Australian study conducted by IT analyst firm Frost & Sullivan. Half of the respondents believed that digital transformation is hindered by cyber risks.

The findings show that Australian businesses of all sizes have a concerning approach to digitalisation – in that they don’t involve cybersecurity considerations when designing and implementing transformation projects.

Surprising findings

  • 82 per cent of the respondents didn’t examine the level of cybersecurity until after their digital transformation projects had begun
  • 75 per cent of the companies excluded their C-level executives while preparing for potential cybersecurity breaches.

The cybersecurity of organisations during the execution of their digital transformation projects has room for improvement.

With 38 per cent of those surveyed admitting that they have encountered a security incident, 27 per cent of them still failed to conduct regular breach assessments in the last 12 months.

Alvin Rodrigues, Senior…

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