Eye of the storm
We are pleased to launch the results of the 9th annual Global State of Information Security Survey 2012, a worldwide study by PwC, CIO magazine and CSO magazine. The survey, the largest of its kind, represents responses of over 9,600 IT, security and business executives in 138 countries across all industries.
As the global economy stalls again and cyber crime and other threats to information security cloud the horizon many see sunshine overhead. But across global markets and industries, some clouds still linger over revenue, growth, and margin performance. And visibility into when and how the next cyber threat to information will emerge is poor, at best.
Nonetheless, the vast majority of executives across industries are confident in the effectiveness of their information security practices. They have an effective strategy in place. They consider their organisation proactive in executing it. And their insights into the frequency, type, and source of security breaches has leaped dramatically over the past 12 months.
Yet all is not in order. Some evidence points to a "crisis in leadership" and dangerous deficits in strategy. Capabilities across security domains are degrading. And security-related third-party risks are on the rise. Sunshine overhead can be misleading – especially when it coincides with low barometric pressure. If 2008 was just the initial eyewall, there are high winds ahead – and much preparation to complete. And, given the growing strength of the updrafts across many dimensions of cyber crime, the reasons to do so quickly and strategically are mounting.
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What impact have current economic conditions had on your security function?
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