Top 10 cyber-security issues facing CIOs

Top 10 cyber-security issues facing CIOs

Security incidents on the rise

Janco has found that 77% companies have reported a security event in the past 12 months, and more than a 33% say that the number of security incidents increased in the last 12 months. Additionally, almost 60% of CIOs say they are more concerned about cyber-security threats currently than at the same time last year.

Top 10 cyber-security issues as reported by CIOs interviewed by Janco Associates are:

  1. Executive management does not take a strategic approach to cyber-security spending approval.
  2. CIOs do not have sufficient budgets to access the security capabilities of third-party providers.
  3. CIOs have limited understanding of suppliers and customers security risks.
  4. Mobile computing has increased the security risk landscape.
  5. BYOD security risks continue to multiply.
  6. Internet of Things broadens the scope of security risks.
  7. New cyber risks continue to appear while old ones are being dealt with.
  8. Proprietary nature of systems limits the ability of organizations to collaborate and share intelligence on threats and responses.
  9. Insider threats are on the rise.
  10. Employee security training and awareness are limited by budget constraints.

Related Readings:

  1. New Privacy Legislation Proposed in US House 
  2. Privacy rules to be changed by Facebook
  3. Top 10 security requirements for mobile user 
  4. FBI Begins Big Brother Security Implementation — Lost of Privacy
  5. High Availability Versus Disaster Recovery 

Author: Victor Janulaitis

M. Victor Janulaitis is the CEO of Janco Associates. He has taught at the USC Graduate School of Business, been a guest lecturer at the UCLA’s Anderson School of Business, a Graduate School at Harvard University, and several other universities in various programs.