Areas organizations are falling short when addressing cyber risks worldwide 2020

Published by
Alexandra Borgeaud,
Mar 31, 2023
Of respondents, 87 percent feel as if their organization in 2020 is falling short addressing various cyber risks. The lack of investing resources in budget, people, and technologies to address cyber risks was one of the more popular concerns from respondents, with 31 percent answering as such.

In which areas, if any, do you feel your organization is falling short in addressing cyber risk?

CharacteristicShare of respondents
Organization is falling short addressing cyber risks 87%
We are not investing enough resource (budget, people, technologies, etc.) to address our risks 31%
Security is not always addressed during application development 30%
We are not proactive enough when it comes to our security strategy 28%
Inadequate security training for users (full & part-time employees, contractors, or outsourced users) 27%
Insufficient communications between security team and lines of business 26%
We struggle to find, acquire, and/or retain the technical or professional expertise we need 20%
Addressing risks that have arisen from the new work environment brought on by the pandemic 20%
Lack of security team involvement prior to implementing new technologies 19%
Poor visibility into IT environment 18%
The complexity of our security environment makes it diffcult to retrieve timely, actionable intelligence from our systems 18%
Lack of security team involvement in vendor and 3rd party management 16%
Non-routine updates of incident respone plan 12%
Showing entries 1 to 13 (14 entries in total)
Created with Highcharts 7.2.2Share of respondents87%87%31%31%30%30%28%28%27%27%26%26%20%20%20%20%19%19%18%18%18%18%16%16%12%12%11%11%Organization is falling short addressing cyber risksWe are not investing enough resource (budget, people, technologies,etc.) to address our risksSecurity is not always addressed during application developmentWe are not proactive enough when it comes to our security strategyInadequate security training for users (full & part-time employees,contractors, or outsourced users)Insufficient communications between security team and lines ofbusinessWe struggle to find, acquire, and/or retain the technical or professionalexpertise we needAddressing risks that have arisen from the new work environmentbrought on by the pandemicLack of security team involvement prior to implementing newtechnologiesPoor visibility into IT environmentThe complexity of our security environment makes it diffcult toretrieve timely, actionable intelligence from our systemsLack of security team involvement in vendor and 3rd partymanagementNon-routine updates of incident respone planLack of security during due diligence phase of M&A
0%10%20%30%40%50%60%70%80%90%100%

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Source

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Release date

November 2020

Region

Worldwide

Survey time period

2020

Number of respondents

522 respondents

Special properties

survey respondents are involved in IT and/or corporate/physical security decisions

Method of interview

Online survey

Supplementary notes

The source does not provide information regarding multiple answering options.

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