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Ponemon Institute is pleased to announce the release of Flipping the Economics of Attacks, sponsored by Palo Alto Networks. In this study, we look at the relationships between the time spent and compensation of today’s adversaries and how organizations can thwart attacks. As revealed in this research, while some attackers may be motivated by non-pecuniary reasons, such as those that are geopolitical or reputational, an average of 69 percent of respondents say they are in it for the money.

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Blog Archives for June 2015
Around the world, IT security practitioners face a common problem: a budget that is inadequate to deal with cyber threats
June 9, 2015, 10:00 am

Our latest global study looks at how companies in four global regions are investing in technologies, qualified personnel and governance practices to safeguard their information assets. Sponsored by Dell, the 2015 Global Study on IT Security Spending & Investments validates what many IT security professionals know based on their experience—an inadequate budget and lack of support from corporate leadership is making it difficult to invest in skilled personnel and acquire state-of-the-art technologies. In fact, 50 percent of respondents say their security budgets are flat or actually declining over the next two years.

Who owns the IT security budget and is most influential in making spending and investment decisions? According to the study, it is not the CISO. Only 19 percent of respondents say the IT security leader has control over how resources are allocated. Instead it is the CIO/CTO and business leaders who own the budget. This suggests the importance of security leaders learning how to influence their corporate leaders if they are going to change how budgets are allocated. We hope you will read the full report.

Warmest regards,

Dr. Larry Ponemon
Chairman & Founder
Ponemon Institute
 

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