Information security: assessment of efficiency and effectiveness in 2012

How does your organization assess the efficiency and effectiveness of information security?

CharacteristicShare of respondents
Assessments performed by internal audit function 68%
Internal self-assessments by IR or information security function 64%
Assessment by external party 56%
Monitoring and evaluation of security incidents and events 48%
In conjunction with the external financial statement audit 35%
Benchmarking against peers/competition 27%
Evaluation of information security operational performance 19%
Formal certification to external security standards (e.g. ISO/IEC 27001:2005) 15%
Formal certification to industry security standards (e.g. Payment Card Industry Data Security Standards) 15%
Evaluation of information security costs 14%
Evaluation of return of investment (or similar such ROSI) performance 5%
No assessments performed 4%
Created with Highcharts 7.2.2Share of respondents68%68%64%64%56%56%48%48%35%35%27%27%19%19%15%15%15%15%14%14%5%5%4%4%Assessments performed by internal audit functionInternal self-assessments by IR or information security functionAssessment by external partyMonitoring and evaluation of security incidents and eventsIn conjunction with the external financial statement auditBenchmarking against peers/competitionEvaluation of information security operational performanceFormal certification to external security standards (e.g. ISO/IEC27001:2005)Formal certification to industry security standards (e.g. Payment CardIndustry Data Security Standards)Evaluation of information security costsEvaluation of return of investment (or similar such ROSI) performanceNo assessments performed
0%5%10%15%20%25%30%35%40%45%50%55%60%65%70%75%
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Release date

November 2012

Region

Worldwide

Survey time period

May to July 2012

Number of respondents

1,836*

Special properties

CIOs, CISOs, CFOs, CEOs and other information security executives

Method of interview

Face-to-face interview, online survey

Supplementary notes

* Ernst & Young received feedback from nearly 1,836 CIOs, CISOs, CFOs, CEOs and other information security executives from 64 countries and across all industry sectors.

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