IT security leaders worried about increasing digital threats

Lack of resources blamed for the rise in cyber-crime

Cyber crime posted within binary code

Around nine in ten of information security leaders are concerned about the sharp hike in digital threats posed across web, social and mobile channels.

According to a report by RiskIQ, a survey of CISOs and other IT security leaders found that 89.1% of respondents voiced concerns over the growing tide of criminality on the internet.

The survey questioned 1,691 US and UK information security leaders across multiple industries, including enterprise, consulting, government and education. 

The survey revealed a "perfect storm" caused by a lack of resources alongside an astronomical rise in cybercrime leaving too many organisations inadequately set up to respond to the threats.

The report found that 67% feel they do not have the sufficient staff to handle the constant siege of cyber alerts. Another 60% expect the digital threats to grow as businesses increasingly move online to engage with customers. 

The top three digital threats posed are phishing, malware attacks on employees and customers; brand impersonation, abuse and reputational damage as well as information breach.

The report also underlined the need for organisations to have staff more experienced with monitoring the digital threats and protecting networks from cybercrime. 

This comes during a time when hacking has led to some potentially devastating data theft, including the hacking of the NHS last year. 

Lou Manousos, CEO at RiskIQ, said that the survey shows  a growing industry-wide problem, "which is that cybercrime is growing at scale, and enterprises are already experiencing critical staff shortages".

Featured Resources

Managing security risk and compliance in a challenging landscape

How key technology partners grow with your organisation

Download now

Security best practices for PostgreSQL

Securing data with PostgreSQL

Download now

Transform your MSP business into a money-making machine

Benefits and challenges of a recurring revenue model

Download now

The care and feeding of cloud

How to support cloud infrastructure post-migration

Watch now

Most Popular

Microsoft is submerging servers in boiling liquid to prevent Teams outages
data centres

Microsoft is submerging servers in boiling liquid to prevent Teams outages

7 Apr 2021
Data belonging to 500 million LinkedIn users found for sale on hacker marketplace
hacking

Data belonging to 500 million LinkedIn users found for sale on hacker marketplace

8 Apr 2021
How to find RAM speed, size and type
Laptops

How to find RAM speed, size and type

8 Apr 2021