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Security Pros Concerned Their Organization Lacks A "Healthy Paranoia" About Cyber Threats According To DomainTools SurveySEATTLE, Aug. 27, 2015 /PRNewswire/ -- DomainTools, the leader in domain name and DNS research, today released its first annual BSides survey revealing that 35 percent of security experts believe leadership within their organization lacks a "healthy paranoia," with 21 percent of leadership "relying on hope as a strategy" to avoid a cyber security breach. Conducted live during the week of Black Hat, the findings indicate that nearly half of those polled worry that the DNA of their organization is not security-driven, citing a "lack of situational awareness" within the company. Not surprisingly, the number one complaint was that the leadership team was making decisions without involving the security team – those closest to the risk. The DomainTools survey validated that budgets are not keeping pace with the acceleration of cyberthreats, with nearly half (47 percent) of respondents stating their budgets were inadequate for the task at hand and two-thirds of the remaining group stating a desire for more funding above the current "acceptable" levels. These findings mirror a recent PwC 2015 Global State of Information Security Report, which indicated that although cyber security incidents have increased by 66 percent year-over-year since 2009 and are costing 34 percent more in financial loss since 2013, security budgets have declined 4 percent. Other key findings of the survey include:
"Despite the general increased awareness about security breaches within the public domain, we were surprised that nearly half of security executives felt their organization lacked a security-centric DNA," said Tim Chen, CEO of DomainTools. "As we have seen with great clarity over the last 12-24 months, safety of a company's employees, customers and brand all run through the security organization whether a CEO prefers that or not." The DomainTools survey was conducted live at the BSides Las Vegas conference during Black Hat and is comprised of over 50 interviews from top security executives at Fortune 1000 companies across all major industry groups. For more information on DomainTools please visit www.domaintools.com About DomainTools® Logo - http://photos.prnewswire.com/prnh/20150728/248018LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/security-pros-concerned-their-organization-lacks-a-healthy-paranoia-about-cyber-threats-according-to-domaintools-survey-300134012.html SOURCE DomainTools |