With the rise of cyber-crime exploiting software susceptibilities — protecting network connectivity is a priority. “Our findings ascertain organisations’ lack of cognizance of the impact that these unknown threats can pose to their organisations’ data flow.
In order to these security threats, it is imperative for the organisations to adopt network security solutions that offer an all-encompassing level of protection,” Amit Singh, Country Manager, Dell SonicWAll said.
The technology solutions provider announced the findings of a global security survey of leading public and private sector security decision-makers, in a bid to gauge their awareness of, and preparedness for the new wave of threats plaguing IT security. During the survey, a total of 1,440 interviews were conducted globally, out of which 200 interviews were conducted in India.The findings were:
On an average, 25.5% of organisations' total spending is on IT in India whereas the highest 22% organisations spend around 15%-30% of total spending on IT. In public sector, the average spending is 24.7% of total spending while in the private sector it is 25.9%.
In the last 12 months, around 85% of organisations have increased spending in the education/training of employees; 75% have increased spending in completing security risk assessment and software on premise; 71% of organisations have increased spending on hardware and 65% have increased spending on creating a response plan.
64% said losing critical business data is the greatest concern for them while 40% voted for malware on the network and 39% voted on employees inadvertently taking data outside corporate networks.
When asked about the greatest security threat to their organisation in the next five years, 65% voted for increased reliance upon internet and browser-based apps; 42% respondents chose increased use of mobile devices while 56% voted for increased use of cloud and the growth in big data. 28% of organisations voted for threats that are yet unknown
58% of organisations said yes it will be their top priority next year when asked if security be a priority for the company in the coming 12 monthsIJ 35% of organisations said yes it will always be a priority for them.
32% of organisations indicated that they took one to four hours to identify the source of their last security breach.
27% of organisations were able to take immediate action once a breach had been discovered; 26% took one to four hours while 20% of them took up to 24 hours.
32% of organisations said that over the last 12 months, the security breaches have cost their organisation anything ranging between $10,000 to $100,000.