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posted by martyb on Thursday November 03 2016, @03:58AM   Printer-friendly
from the Helen-Reddy-has-a-song-for-you dept.

Overconfident security execs may be putting their organisations at greater risk, according to new research.

A report by services firm Accenture has revealed that of the 2,000 enterprise security practitioners – representing companies with annual revenues of more than $1bn – three in four were confident in their ability to stop all crooks getting into their systems.

Titled Building Confidence: Facing the Cybersecurity Conundrum (PDF), the report revealed that more than half of security executives admit it can take months to detect sophisticated breaches, and a third of those successful breaches are never discovered at all.

[...] The French spend 9.4 per cent of their total IT budget on security, ahead of the 8.2 per cent global average, while the Australians tend to scrimp by with a mere 7.6 per cent on security, pipped by the Americans at 8 per cent – though ironically it is French, American and Australian companies who are the least confident in their ability to monitor for a breach.

http://www.theregister.co.uk/2016/11/02/survey_finds_75_of_security_execs_believe_they_are_invicible/
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  • (Score: 1, Touché) by Anonymous Coward on Thursday November 03 2016, @06:42AM

    by Anonymous Coward on Thursday November 03 2016, @06:42AM (#421954)

    Help! I've fallen and I can't get up!

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