The FINANCIAL — London, 31 October 2011 — In the rush to “digitize” their businesses with new technologies and move into the increasingly borderless world of cloud computing and social media, global organizations are developing a growing gap between business needs and the ability to tackle new and complex security threats, according to Ernst & Young’s 14th annual Global Information Security Survey released today.
The survey of 1,700 organizations globally found that 72% of respondents are seeing an increasing level of risk due to increased external threats. At the same time, however, only about a third of respondents have updated their information security strategy in the past 12 months.
With 80% of organizations currently using or considering using mobile tablets and 61% using or considering the use of cloud computing services within the next year, the threat of security breaches has become an after-thought in the rush to adapt to the rapidly changing landscape.
Paul van Kessel, Ernst & Young Global IT Risk and Assurance Leader, comments: “More and more major businesses and industries are being run on software and delivered as online services. Data is everywhere. Confronted with diminishing borders, cloud services and business models in the cloud, companies are asking themselves how to respond to new and emerging risks and whether their strategy needs to be revisited.
“The focus must move from short-term fixes to a more holistic approach integrated with long-range strategic corporate goals.”
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