Industries still ‘in the middle’ when it comes to cybersecurity implementation, Gartner finds

Even though 95% of CIOs expect cyber threats to increase over the next three years, only two in three (65%) organisations currently have a cybersecurity expert.

That’s the key finding from analyst firm Gartner, who polled 3,160 CIO respondents across all major industries that represent approximately $13 trillion in revenue and public sector budgets and $277 billion in IT spending.

The survey also found that skills challenges continue to plague organisations that adopt digitalisation, with digital security staffing shortages considered a top inhibitor to innovation.

About 35% of the respondents said that their organisation has already invested in and deployed digital security partially, whereas an additional 36% are actively experimenting or planning to implement in the short term. The research firm predicts that 60% of security budgets will be in support of detection and response capabilities by 2020.

Rob McMillan, research director at Gartner, said: “Taking a risk-based approach is imperative to set a target level of cybersecurity readiness. Raising budgets alone doesn't create an improved risk posture. Security investments must be prioritized by business outcomes to ensure the right amount is spent on the right things.”

In a different survey, Spiceworks polled 645 respondents from North American and European companies that did not restrict internet access, and found that employees spend up to 26 days per year on websites unrelated to their work. It also found 58% of employees have spent at least four hours per week on websites unrelated to their job. This equates to 26 workdays per year – and in terms of monetary output, it would be approximately $4,500 per year wasted taking into account the median US salary of $45,812.

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