Intelligent CIO APAC Issue 02 | Page 24

TRENDING program lacks proper executive support – defined as providing strategic vision, buy-in and budget. Furthermore, security professionals cited inadequate executive accountability for strategic security decision making as the top reason (42%) they want to leave their job. An alarming statistic, given nearly half of companies (47%) are trying to fill three or more security positions. “As businesses across the world accelerate digital adoption to ensure operations continue to run seamlessly following the onset of COVID-19, the pressure on cybersecurity teams to perform are even higher than before. However, the outstanding challenge with the shortage of cybersecurity talents, where Asia Pacific faces a huge 2.6 million shortfall, means that there is an urgent need to help relieve the pressure from security professionals, in order for them to be more efficient and effective in their job,” said Joanne Wong, VP for International Markets, LogRhythm. “In addition to expanding the security team size, implementing smarter detectionfocused tools could significantly help security professionals to better analyze network traffic and user behavioral data and speed up threat detection and remediation.” “ NOW, MORE THAN EVER, SECURITY TEAMS ARE BEING EXPECTED TO DO MORE WITH LESS LEADING TO INCREASING STRESS LEVELS. Deployment of redundant security tools points to value of tool consolidation Sixty-eight percent of respondents admitted their organization has deployed redundant security tools, and 56% confess this overlap is accidental – once again emphasizing the need for improved strategic oversight from executives. Despite duplicative tools, 58% of respondents said they still need increased funding for tools when asked what additional support their security programs require. Consequently, the report highlights the growing value of IT consolidation. Security professionals rate the value of solution consolidation highly, citing top benefits as less maintenance (63%), faster issue detection (54%), identification (53%) and resolution (49%), as well as lower costs (46%) and improved security posture (45%). Yet, only one in three companies (32%) have a real time security dashboard which provides a clear, consolidated view of all their security solutions. Top five ways to reduce stress among security teams When asked what would help alleviate their stress, the top five responses included: • 44%: Increased security budget • 42%: Experienced security team members • 42%: Better co-operation from other IT teams • 41%: Supportive executive team • 39%: Fully staffed security team “All employees, from the CEO to the frontline IT worker, need to feel that they play a significant role in maintaining the security of the company for which they work,” said James Carder, CSO and VP LogRhythm Labs. “At LogRhythm, we are committed to empowering the SOC team and improving visibility and automation so our customers can successfully safeguard their critical assets.” 24 INTELLIGENTCIO www.intelligentcio.com