More than half of Oceanias cybersecurity leaders (52%) say they have never felt as concerned as they do now about their ability to manage the cyber threat, according to the EY Global Information Security Survey 2021 (GISS).
As businesses in Oceania embrace digital transformation, the CISO is being left out of discussions and is failing to play a meaningful part in the change process, the report finds.
In addition, more than half (51%) of Oceania's cybersecurity leaders are working with budgets that fall short of what is required to manage the cyber related challenges they've seen in the past 12 months, according to the report. This compares with 42% of respondents worldwide.
Four in 10 Oceania respondents believe it is only a matter of time until they suffer a major breach that could have been avoided had they been able to invest more in their defences.
To add to the pressure, Oceania's CISOs need to focus on additional safeguards and security in the context of the digital transformation agenda that so many are pursuing.
Around half (47%) of organisations in the region are investing significantly in data and technology over the next 12 months, and 39% will embark on at least one comprehensive transformation initiative in the coming year.
The survey suggests that CISOs in Oceania are struggling to make the case for elevating cybersecurity to a business priority. Even when boards recognise the gravity of the threat, they do not necessarily respond with additional support.
Less than 30% (27%) of cybersecurity leaders in the region believe their boards and executive management teams fully understand the value and needs of the cybersecurity function. By contrast, a more reassuring 42% of CISOs in other regions take the same view.
Just one in four (26%) Oceania CISOs think this understanding leads directly to additional funding, compared to 41% globally.
EY Oceania cybersecurity, privacy and trusted technology partnerNicola Hermansson urges executives to start repositioning themselves as agents of change, as this will put them in a stronger position to secure additional resources.
She says, CISOs in our region are often great at the technical side of cybersecurity, but the gap is in their ability to articulate risk and secure the investment they need to make a bigger impact.
"One of the senior executives we spoke to in the region agrees that business understanding is key for CISOs.
"Cyber risk is probably the second or third biggest operational risk of any major government department or private enterprise, and the individuals who have accountability for it have to be senior business executives who know how to get on with people."
Hermansson says,One way forward is for Oceania's CISOs to find more engaging ways to communicate the technical nature of the threat.
There is certainly good cause for doing so, 61% flag that their boards are making decisions on cybersecurity even when they do not possess the expertise to understand the issues at hand.
"The bigger challenge is to frame the cybersecurity imperative in a commercial context."
She continues,CISOs point to the need for security by design during digital transformation projects, so new initiatives come to market with cyber protections baked in rather than retrofitted.
"But many are not yet demonstrating why the cybersecurity function is instrumental to new value creation. Typically, you see the security function sitting within the IT function in this region, and that results in cyber being seen as an IT risk, when it is actually a business risk.
"If security teams get closer to the business, they will have more chance of getting the business to understand and own that risk."
Visit link:
CISOs need to step up against cyber threats, report finds - IT Brief Australia
- Australia/Oceania - WorldAtlas.com [Last Updated On: June 10th, 2016] [Originally Added On: June 10th, 2016]
- Oceania Cruises - Cruise Vacations & Cruise Deals | Mid ... [Last Updated On: June 10th, 2016] [Originally Added On: June 10th, 2016]
- Oceania travel guide - Wikitravel [Last Updated On: June 10th, 2016] [Originally Added On: June 10th, 2016]
- Oceania - New World Encyclopedia [Last Updated On: June 10th, 2016] [Originally Added On: June 10th, 2016]
- Oceania - Wikipedia, the free encyclopedia [Last Updated On: June 12th, 2016] [Originally Added On: June 12th, 2016]
- Jane's Oceania Home Page [Last Updated On: June 16th, 2016] [Originally Added On: June 16th, 2016]
- Oceania - The Smashing Pumpkins | Songs, Reviews, Credits ... [Last Updated On: June 21st, 2016] [Originally Added On: June 21st, 2016]
- The Geography of Oceania - Pacific Islands [Last Updated On: June 21st, 2016] [Originally Added On: June 21st, 2016]
- Oceania Wikipdia, a enciclopdia livre [Last Updated On: June 21st, 2016] [Originally Added On: June 21st, 2016]
- Oceania Cruises, Oceania Cruise Line, Oceania Cruise, Oceania ... [Last Updated On: June 21st, 2016] [Originally Added On: June 21st, 2016]
- Oceania Cruises Review | U.S. News Best Cruises [Last Updated On: June 21st, 2016] [Originally Added On: June 21st, 2016]
- Oceania Cruise Reviews [Last Updated On: June 22nd, 2016] [Originally Added On: June 22nd, 2016]
- Oceania Cruises, Oceania Cruise, Cruises with Oceania, Cruise ... [Last Updated On: June 22nd, 2016] [Originally Added On: June 22nd, 2016]
- Oceania Aruba - Prestige Vacations Aruba [Last Updated On: June 29th, 2016] [Originally Added On: June 29th, 2016]
- Oceania Cruises - Cruise Vacations & Cruise Deals | Mid-Sized ... [Last Updated On: July 3rd, 2016] [Originally Added On: July 3rd, 2016]
- Oceania (The Smashing Pumpkins album) - Wikipedia, the free ... [Last Updated On: July 10th, 2016] [Originally Added On: July 10th, 2016]
- Oceania Map - Maps of World [Last Updated On: July 23rd, 2016] [Originally Added On: July 23rd, 2016]
- Oceania Cruises, Oceania Cruise Lines, Deals and Discounts at ... [Last Updated On: July 23rd, 2016] [Originally Added On: July 23rd, 2016]
- Home - Oceania [Last Updated On: July 23rd, 2016] [Originally Added On: July 23rd, 2016]
- Oceania - Wikipedia [Last Updated On: July 23rd, 2016] [Originally Added On: July 23rd, 2016]
- Oceania ecozone - Wikipedia, the free encyclopedia [Last Updated On: August 30th, 2016] [Originally Added On: August 30th, 2016]
- Oceania Cruises : Huge Discounts on Oceania Vacations ... [Last Updated On: August 30th, 2016] [Originally Added On: August 30th, 2016]
- Nations of Nineteen Eighty-Four - Wikipedia, the free ... [Last Updated On: August 30th, 2016] [Originally Added On: August 30th, 2016]
- Oceania (song) - Wikipedia, the free encyclopedia [Last Updated On: August 30th, 2016] [Originally Added On: August 30th, 2016]
- Oceania Cruises Riviera Cruise Ship | Riviera Deck Plans ... [Last Updated On: August 30th, 2016] [Originally Added On: August 30th, 2016]
- Oceania Facts, information, pictures | Encyclopedia.com ... [Last Updated On: October 4th, 2016] [Originally Added On: October 4th, 2016]
- List of sovereign states and dependent territories in Oceania ... [Last Updated On: December 11th, 2016] [Originally Added On: December 11th, 2016]
- List of the 14 Countries of Oceania by Area [Last Updated On: December 22nd, 2016] [Originally Added On: December 22nd, 2016]
- FIBA Oceania Championship - Wikipedia [Last Updated On: January 4th, 2017] [Originally Added On: January 4th, 2017]
- FIBA Oceania - FIBA.com [Last Updated On: January 4th, 2017] [Originally Added On: January 4th, 2017]
- Oceania (song) - Wikipedia [Last Updated On: January 23rd, 2017] [Originally Added On: January 23rd, 2017]
- Hamish Bond eyes Oceania Road Cycling Championships - Newshub [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Davis Cup 2017: India beat New Zealand 4-1 in Asian Oceania Group - NewsX [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Harry Sommer in Sydney for Oceania Australasia appointment - Seatrade Cruise News [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Oceania Natural third-quarter sales growth stalls - Scoop.co.nz (press release) [Last Updated On: February 6th, 2017] [Originally Added On: February 6th, 2017]
- Oceania to Offer 14 Alaska Cruise Departures in 2017 - Travel Agent [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Asia Oceania Geosciences Society names Zank its sixth honorary member - UAH News (press release) [Last Updated On: February 7th, 2017] [Originally Added On: February 7th, 2017]
- Ben Hill wins second Canberra Cycling Club Championship, now wants Oceania crown - The Sydney Morning Herald [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Guam could host Oceania, Para tournaments - Pacific Daily News [Last Updated On: February 9th, 2017] [Originally Added On: February 9th, 2017]
- Oceania Cruises serves up great American adventures in The Great Land - Travel Daily Media (press release) (registration) (blog) [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Work-life concerns drive Oceania leaders' departures - Nikkei Asian Review [Last Updated On: February 10th, 2017] [Originally Added On: February 10th, 2017]
- Asia and Oceania members get most out of FIBA National Federations Marketing and Communications Workshop in ... - FIBA [Last Updated On: February 11th, 2017] [Originally Added On: February 11th, 2017]
- Ocean cruises: Cool down in Alaska with Crystal Cruises, Oceania ... - Blayney Chronicle [Last Updated On: February 12th, 2017] [Originally Added On: February 12th, 2017]
- Fiji Juniors Take On Oceania's Best - Fiji Sun Online [Last Updated On: February 14th, 2017] [Originally Added On: February 14th, 2017]
- Schorr, Lee make elite team - Saipan Tribune [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- U17 Qualifiers Progressing for Oceania Cup - EMTV Online [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Oceania cruises adds more Cuba trips from Miami with multiple stops on the island - Miami Herald [Last Updated On: February 15th, 2017] [Originally Added On: February 15th, 2017]
- Davis Cup 2017: Bengaluru to host India-Uzbekistan Asia-Oceania Group I Rd 2 tie - Hindustan Times [Last Updated On: February 17th, 2017] [Originally Added On: February 17th, 2017]
- Oceania Adds More Cuba Cruises for Late 2017 | Travel Agent Central - Travel Agent [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Oceania Cruises Reveals New 2017 Voyages To Cuba - Caribbean360.com (subscription) [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Oceania's Riviera -- smooth sailing with glorious food - ConsumerAffairs [Last Updated On: February 18th, 2017] [Originally Added On: February 18th, 2017]
- Ocean cruises: Cool down in Alaska with Crystal Cruises, Oceania ... - Goondiwindi Argus [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- Ba, Rewa in Oceania battle - Fiji Times [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- New Zealand U-17 footballers complete perfect record in pool play at Oceania champs - Stuff.co.nz [Last Updated On: February 19th, 2017] [Originally Added On: February 19th, 2017]
- Asia Oceania Floorball holds annual meeting in Wellington - Insidethegames.biz [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Oceania Cruises offers six new itineraries to Cuba - Cruise and Ferry [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Another open Oceania Rocket League comp kicks off soon - Gameplanet [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Team Wellington look to crowdfund $25000 Oceania Champions League shortfall - Stuff.co.nz [Last Updated On: February 20th, 2017] [Originally Added On: February 20th, 2017]
- Shange excel at the Oceania Race Walk Championship - Pretoria East Rekord [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Ocean cruises: Cool down in Alaska with Crystal Cruises, Oceania ... - Forbes Advocate [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Door open for Oceania athletes to compete at 2022 Asian Games - Insidethegames.biz [Last Updated On: February 22nd, 2017] [Originally Added On: February 22nd, 2017]
- Paeroa wrestler to represent New Zealand at Oceania Wrestling champs - Waikato Times [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Oceania Cruises' OLife makes for an all-around delectable experience at sea - Travelweek [Last Updated On: February 23rd, 2017] [Originally Added On: February 23rd, 2017]
- Whirlpool promotes internal executive to managing director for ... - Appliance Retailer [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Live From Oceania Marina: Hits and Misses - Cruise Critic [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Sport: Pacific Oceania into tennis final - Radio New Zealand [Last Updated On: February 24th, 2017] [Originally Added On: February 24th, 2017]
- Macquarie books fundies for Oceania Healthcare non deal roadshow - The Australian Financial Review [Last Updated On: February 25th, 2017] [Originally Added On: February 25th, 2017]
- Carol tows Pacific Oceania to finals - Saipan Tribune [Last Updated On: February 25th, 2017] [Originally Added On: February 25th, 2017]
- Lee powers Pacific Oceania to title win - Saipan Tribune [Last Updated On: February 26th, 2017] [Originally Added On: February 26th, 2017]
- McCartney tops 4.82m Oceania record in Auckland, Crouser throws 22.15m - International Association of Athletics Federations [Last Updated On: February 26th, 2017] [Originally Added On: February 26th, 2017]
- Beach Volleyball Trial matches for Oceania Championship starts - EMTV Online [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- New Zealand cyclist Sam Miller looking forward to aggressive racing at 2017 Oceania Road Championships - Stuff.co.nz [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Oceania Cruises Announces New 180-Day Cruise for 2019 ... - TravelPulse [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Refining Industry Outlook in Asia and Oceania to 2021 - Capacity and Capital Expenditure Forecasts with Details of ... - Business Wire (press release) [Last Updated On: February 28th, 2017] [Originally Added On: February 28th, 2017]
- Oceania to Sail New World Cruise in 2019 - Travel Agent [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Otago student wins Oceania scholarship - Otago Daily Times [Last Updated On: March 1st, 2017] [Originally Added On: March 1st, 2017]
- Oceania cruises around the world in 180 days | Cruise News UK - Travel Daily Media (press release) (registration) (blog) [Last Updated On: March 2nd, 2017] [Originally Added On: March 2nd, 2017]
- Are we living in an Orwellian Oceania? - Palatinate [Last Updated On: March 2nd, 2017] [Originally Added On: March 2nd, 2017]
- Oceania Cruises announces around the world in 180 days voyage for 2019 - Travel Daily News International [Last Updated On: March 4th, 2017] [Originally Added On: March 4th, 2017]
- Kit Dale Qualifies for ADCC: Full Results From Asia & Oceania Trials - FloGrappling [Last Updated On: March 6th, 2017] [Originally Added On: March 6th, 2017]