Premium Content

Access "High alert on cyber risk and cybersecurity preparedness"

Kathleen Richards, features editor Published: 30 May 2014

The call for immediate actions to address cybersecurity is reaching the top levels of global organizations. Cyber risk jumped from 12th to 3rd place in Lloyd's Risk Index 2013, which polled 588 C-level executives and board members at multinationals in April and May of last year. The top five concerns were high taxation, loss of customers, cyber risk, price of material inputs and excessively strict regulation. As discussions about cyber risk heat up boardrooms, are global organizations spending more on cybersecurity? And are they investing in the right security controls? "My CIO asked me that same question last week," said George Do, global information director at Equinix, an International Business Exchange data center and colocation provider, with operations in 15 countries. The problem is no one in information security can really answer these questions. Cyber risk remains a challenging calculation because information sharing about the cost of data breaches is limited, and the InfoSec industry can't agree on how well security controls perform. "We can't ... Access >>>

Access TechTarget
Premium Content for Free.

By submitting you agree to receive email from TechTarget and its partners. If you reside outside of the United States, you consent to having your personal data transferred to and processed in the United States. Privacy

What's Inside

Features

More Premium Content Accessible For Free

  • The big data challenge: What's in store for NoSQL security
    security_0814.jpg
    E-Zine

    In the rush to capitalize on big data, many companies forget that developing an ecosystem of structured and unstructured data means higher risk of ...

  • Unified threat management aspires to the enterprise class
    UTM_big_leagues.png
    E-Handbook

    Unified threat management (UTM) long focused on small and medium-sized businesses, but now it's climbing the ladder and attempting to become ...

  • How to respond to the latest distributed denial-of-service attacks
    DDOS_attacks.png
    E-Handbook

    All indications show that DDoS attacks are increasing in variety, number and size. No network system is immune and information security pros can't ...