Five enterprise security monsters in a CISO’s closet

BANGALORE, INDIA: Dell announced the findings of a global security survey of leading public and private sector security decision-makers, in a bid to gauge their awareness of, and preparedness for the new wave of threats plaguing IT security.

The key findings from the India market are:

• On an average, 25.5 percent of organizations' total spending is on IT in India whereas the highest 22 percent organizations spend around 15 percent-30 percent of total spending on IT. In public sector, the average spending is 24.7 percent of total spending while in the private sector it is 25.9 percent
• In the last 12 months, around 85 percent of organizations have increased spending in the education/training of employees; 75 percent of organizations have increased spending in completing security risk assessment and software on premise; 71 percent of organizations have increased spending on hardware and 65 percent of organizations have increased spending on creating a response plan
• 64 percent of organizations said losing critical business data is the greatest concern for them while 40 percent voted for malware on the network and 39 percent voted on employees inadvertently taking data outside corporate networks
• When asked about the greatest security threat to their organization in the next 5 years, 65 percent organizations voted for increased reliance upon internet and browser-based apps; 42 percent respondents chose increased use of mobile devices while 56 percent voted for increased use of cloud and the growth in "big data". 28 percent of organizations voted for threats that are yet unknown
• 58 percent of organizations said Yes it will be our top priority next year when asked - will security be a priority for your organization in the next 12 months? 35 percent of organizations said –Yes, but it is always a priority
• 32 percent of organizations indicated that they took 1-4 hours to identify the source of their last security breach
• 27 percent of organizations were able to take immediate action once a breach had been discovered; 26 percent took 1-4 hours while 20 percent of them took up to 24 hours
• 32 percent of organizations said that over the last 12 months, the security breaches have cost their organization approximately US$10, 0001 – 100,000