Research Quantifies Growing Security Management Gap and Business Impact of External Web, Social, and Mobile Threats


68% of IT organisations have no to modest confidence to manage digital threats, despite a majority significantly increasing their near-term digital defence investments

LONDON – Aug. 23, 2017 – RiskIQ, the leader in digital threat management, today announced that it has published its 2017 State of Enterprise Digital Defence Report, available for download at https://www.riskiq.com/white-paper/state-of-digital-defense-2017/. Independent research for the report, which offers key insights into the current landscape of digital threats and the maturity of defences to protect an organisation’s digital presence, was conducted by IDG Connect. The findings quantify the security management gap and business impact of external web, social, and mobile threats. Survey respondents included 465 IT information security decision makers in organisations with more than 1,000 employees in the U.S. and U.K.

RiskIQ logo
Businesses today are in the throes of digital transformation and accelerating their online presence to enrich products, deepen customer relationships, and boost their brand. Cyber adversaries have gone digital too, taking advantage of the digital ecosystem and user trust. Overall, the survey revealed a bleak outlook of organisations’ digital defence posture, with many enterprise security practitioners overwhelmed by the scale and tenacity of external digital threats and lacking confidence in their processes, systems, and tools. The results were not without shimmers of positivity as organisations expressed a substantive increase in buying tools and managed services. Further region and industry comparative differences are also evident.

“While the results were both eye-opening and disturbing, the survey findings and insights should empower corporate leadership and IT security professionals to examine how their organisations are protecting their businesses, customers, and brands, and fortifying digital transformation,” said Martin Veitch, editorial director at IDG Connect.

IDG Connect and RiskIQ will share research findings in a webcast entitled “State of Digital Defence – The Specter and Spectrum of Mitigating External Threats,” on Sept. 26 at 8 a.m. PT / 11 a.m. ET / 4 p.m. GMT. Visit https://www.riskiq.com/white-paper/state-of-digital-defense-2017/ to download the full report, https://www.riskiq.com/infographic/the-state-of-digital-defense-2017/ to view the infographic, and http://resources.cio.com/ccd/show/200050618/01567430185663CIOVKLGCAV5D0/ to register for the upcoming webcast.

Key Findings
The survey[1] found that business digital transformation and the external threat landscape have outpaced enterprise security capacity. According to respondents, an average of 40 percent of organisations experienced five or more significant security incidents in the past 12 months among most cited external threats: malware, ransomware, phishing, domain and brand abuse, online scams, rogue mobile apps, and social impersonation.

Although confidence in IT security management appears optimistic, overall survey findings showed a contradiction in efficacy and likely investment compared to where incidents have been most impactful. 68 percent of respondents express no to modest confidence to manage digital threats. 70 percent of respondents have no to modest confidence in reducing their digital attack surface, expressing the least confidence in threats against web, brand, and ecosystem assessment.

The majority of those surveyed are aware that some of their digital security measures are immature or ineffective, with only 31 percent expressing high confidence in the likelihood that their organisations can mitigate or prevent digital threats-despite all respondents increasing their near-term digital security spend. Over half of survey respondents expect their near-term digital defence investment to increase between 15 to 25 percent or higher.

Correspondingly, nearly half of respondents view cyber threat intelligence as ‘very important,’ and all respondents saw cyber threat intelligence tools as being very important or somewhat important-especially in fortifying research and in reducing time to respond to external threats. When asked about the value gained by integrating digital threat intelligence and management tools to other security control tools, firewalls, security event management and logging, risk assessment, systems management, and orchestration were regarded as benefiting the most.

Research Highlights

  • 68% cited no to modest confidence to manage digital threats
  • Malware, phishing, domain infringement, online scams, mobile app exposures, and brand abuse were cited as most frequently reported incidents
  • Big brands in banking, retail, and consumer goods had the most prevalence of attacks
  • 70% cited no to modest confidence in reducing their digital attack surface
  • 69% cited no to modest confidence to mitigate or prevent external digital threats
  • Digital threat management appears more progressive among organisations in financial services, manufacturing, and consumer goods, as expressed by overall expenditure
  • Larger companies felt that they were better able to update control systems and collaborate across departments, perhaps showing the benefits of scale
  • Smaller companies felt best able to inform others about the status of external attacks, perhaps reflecting the benefits of having a smaller base to worry about
  • 24% of healthcare and pharmaceutical respondents felt little to no confidence in their ability to assess digital risk
  • Across industries, an average of 35 tools are employed to thwart web, social, and mobile threats
  • 44% of organisations plan to increase digital defence investment by 15-25%, and 14% will increase tool and service expenditure by more than 25%; both U.S. and U.K. have similar spending expectations
  • Organisations outsource a third of digital threat management tasks to managed security service providers, and outsourcing will grow by nearly 13% CAGR over the next two years

“We are pleased to sponsor the 2017 State of Enterprise Digital Defence Report. The independent research provides a useful litmus test for the level of exposure, controls, and investment regarding external web, social and mobile threats among global industries,” said Scott Gordon, chief marketing officer at RiskIQ. “The findings validate the need for enterprises to leverage cross-channel intelligence, automation, and resource optimization as they build out digital defences to reduce operational and reputational risk.”

[1] The State of Enterprise Digital Defence, 2017, by IDG Connect and RiskIQ, Inc.


About RiskIQ
RiskIQ is the leader in digital threat management, providing the most comprehensive discovery, intelligence, and mitigation of threats associated with an organisation’s digital presence. With more than 75 percent of attacks originating outside the firewall, RiskIQ allows enterprises to gain unified insight and control over web, social, and mobile exposures. Trusted by thousands of security analysts, RiskIQ’s platform combines advanced internet data reconnaissance and analytics to expedite investigations, understand digital attack surfaces, assess risk, and take action to protect business, brand, and customers. Based in San Francisco, the company is backed by Summit Partners, Battery Ventures, Georgian Partners, and MassMutual Ventures. Visit RiskIQ.com or follow us on Twitter.

Try RiskIQ Community Edition for free by visiting https://www.riskiq.com/community/. To learn more about RiskIQ, visit www.riskiq.com.

###

© 2017 RiskIQ, Inc. All rights reserved. RiskIQ is a registered trademark of RiskIQ, Inc. in the United States and other countries. All other trademarks contained herein are property of their respective owners.

Contact
Haydn Stokes
Atomic PR
Haydn@atomicpr.com
+44 (0)203 861 3845

Have any Question or Comment?

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

::::::::::::::::::::::::::::::::::6733:::::::::::::::::::::::::::::::::;;

:::::::::::::::::::::::::::::925:::::::::::::::::::::::::::::::

TRIO STEEL IS ONE OF THE MOST TRUSTED BRAND AND LEADING EXPORTER AND SUPPLIER OF CARBON STEEL, ALLOY STEEL & STAINLESS STEEL PIPES & PIPE FITTINGS MATERIAL. Triosteel is one of the leading Suppliers and Exporters of API 5L Pipe in Singapore. Triosteel also Exports to many countries like Indonesia, Iran, Saudi Arabia & many more. An API 5L pipe is manufactured by adhering to the specifications laid down by the International Organization for Standardization (ISO) 3183.

2780

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!

2781

buy! buy! CHEAP! Telefonie VoIP CHEAP! buy! buy! CHEAP!

——————————————–

For the 2012 MLB period, we found an totals forecast Joao’s Renowned Over/Under João Zorro Gonçalves, Zcode Totals Pro, System of the time with progressions that have been successful over 98 98% ... We eventually perfected our over/under program ( Zcodesystemexclusive ), although it h-AS has brought years of investigation. Five Steps to Making a Winning MLB Method: 1. Execute appropriate cash management tools. 2. MLB rules that are comprehend. 3.Extensive testing back to make sure successful longterm results ...

——————————————–

There is always a challenge when you're dealing with the Foreign Exchange Market. That's just the nature of the beast. The best thing you can do is to learn about how the market operates as a whole so that you will be ready to meet these challenges. iq option penipu Never be misled by any profit gains in binary options. This is the number-one way traders end up losing their money and ultimately failing. Remember that the same things that make you laugh can make you cry in this market, and you can lose that $700.

——————————————–

Learning Polish has never been this fun and easy as with our podcasts Learn Polish with Polishpod101 Start today and become conversational in Polish in no time

——————————————–

The Best Website Agen Poker Resmi www.sakupoker.com Terpercaya come join

——————————————–

Do you need edmonton phone systems service ? Call complete communications today!

——————————————–

High-tech solutions for easy start-up of your IPTV/OTT-business

——————————————–

——————————————–

If you want to purchase not only one item, you have a chance to enjoy privileges. There is a sale’ tab on the site which offers a fantastic range of reduced counterfeit watches and accessories, such as sunglasses, cufflinks, watch straps and pens. Luxury Jewelry Replica At MCA.MN On Sale You get a 5% discount if you buy two pieces, this discount increases to 10% if you buy 4 pieces or more. There is free international shipping on all orders on this site. We also offer customers a free return anytime with a 100% money back guarantee.

——————————————–