Trend Micro has published a research revealing that persistently low IT/C-suite engagement may imperil investments and expose organizations to increased cyber risk. Over 90% of the IT and business decision makers surveyed expressed particular concern about ransomware attacks.
Despite widespread concern over spiralling threats, the study found that only 57% of responding IT teams discuss cyber risks with the C-suite at least weekly.
“Vulnerabilities used to go months or even years before being exploited after their discovery,” said Eva Chen, CEO of Trend Micro.
“Now it can be hours, or even sooner. More executives than ever understand that they have a responsibility to be informed, but they often feel overwhelmed by how rapidly the cybersecurity landscape evolves. IT leaders need to communicate with their board in such a way that they can understand where the organization’s risk is and how they can best manage it.”
Fortunately, current investment in cyber initiatives is not critically low. 42% of respondents claimed their organization is spending most on “cyber-attacks” to mitigate business risk. This was the most popular answer, above more typical…
