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Is cybersecurity about more than protection?

Is cybersecurity about more than protection?

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EY Global Information Security Survey 2018–19

SUMMARY

This report on the state of cybersecurity shows that companies are increasing their spending on cybersecurity, as well as increasing their resources to improving their defenses against cyberattacks.

On the other hand, the survey results also reveal that businesses are not doing enough, as nearly 90% of the companies surveyed do not allocate enough funds to fight cyberattacks - security budgets are insufficient to offer the convenient levels of cybersecurity companies need, the paper adds.

The study explores the most relevant cybersecurity issues that companies are facing nowadays. It explains that organizations should make progress on the following aspects to boost cybersecurity. In the first place, businesses should focus on protecting the enterprise while identifying assets and creating lines of defense.

Organizations should also work on optimizing cybersecurity. This means that companies should concentrate on ending low-value projects, boosting efficiency, and investing funds in new technologies to increase protection.

In third place, businesses should enable growth by focusing on putting in place security-by-design as a critical success element for the digital transformations that most companies are currently experiencing.

OUTLINE

Optimize cybersecurity  

Enable growth  

The results in summary — and action points for improvement  

Survey methodology

DETAILS

Overview

Researchfinder Rating
5 out of 5 stars
Title
Is cybersecurity about more than protection?
Sub-Title
EY Global Information Security Survey 2018–19
Region
Global
Published
Nov. 10, 2018
Publisher
Ernst & Young
Price
FREE
Language
ENGLISH

Content

Number of Pages
36
Number of Tables
12
Number of Exhibits
0
Topics
security
Tags
cyber security, digital transformation, energy, Ernst & Young, financial services, global, healthcare, malware, mobile, security, security analytics, security budgets, software security
Companies mentioned
British Airways
Methodology
This survey is based on the responses of over 1,400 business leaders and information security and IT professionals.
EVALUATION

An in-depth report about the state of cybersecurity and the steps and measures companies should implement to increase security withing their organizations.

Positives:

  • Nice layout
  • Good tables and graphics
  • Understandable conclusions
  • Interesting section about cybersecurity in the healthcare and energy sectors
  • Interesting section about cybersecurity in consumer-facing companies and in the financial services sector
  • Insightful section about how Technology, Media & Entertainment and Telecommunications organizations may be in a position to lead the way on cybersecurity

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