industry news
UK businesses will
spend more than £1m
recovering from a data
security breach
The cost of recovering from of a security breach
for UK organisations has been estimated in a new
report launched today by NTT Security. The 2017
Risk: Value report, reveals that a UK business
would have to spend £1.1m ($1.4m) on average
to recover from a breach – more than the global
average of £1m ($1.3m), which has gone up from
the previous report’s $907,000 estimate.
The study of 1,350 non-IT business decision
makers across 11 countries, 200 of which are
from the UK, also reveals that respondents
anticipate it would take, on average, almost
three months (80 days) to recover from an
attack, almost a week longer than the global
average of 74 days.
Most telling from the report is that 63 per
cent of respondents in the UK ‘agree’ that a
data breach is inevitable at some point, up
from the previous report’s UK figure of 57 per
cent. However, less than half (47 per cent) say
that preventing a security attack is a regular
board agenda item, suggesting that more still
needs to be done for it to be taken seriously at a
boardroom level in the UK.
For further information visit: www.
nttsecurity.com/RiskValue2017
New Research Reveals Businesses
Choose Productivity over
Cybersecurity
Bromium has released
results of a survey of 175
security professionals
conducted at this year’s
Infosecurity Europe, which
found that IT security is
often deprioritised when it
interferes with employee
productivity.
Key results of the survey show that:
• 94 per cent of security professionals say users are more concerned with
getting their jobs done than worrying about security
• 64 per cent of security professionals admit to modifying security to allow
employees more freedom to get their work done because of a request
from leadership
• 40 per cent of security professionals admit to turning security off to
accommodate a request from another part of the organisation
The survey also revealed that more than 55 per cent of respondents would
remove security if they could keep the organisation safe from user-introduced
threats. If they had a wish list of the technologies they could remove, 32 per
cent said they would start with web proxy services and products that restrict
users’ access. Moreover, security professionals feel that when it comes to
cybersecurity, user education is futile. More than 42 per cent admit end users
are educated about how to prevent data breaches, yet their behaviour is often
the cause of a breach.
For further information visit: www.bromium.com
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