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February 15, 2017 06:00 pm

IT Decisions Makers and Executives Don't Agree On Cyber Security Responsibility

Sead Fadilpasic, writing for BetaNews: There's a severe disconnect between IT decision makers and C-suite executives when it comes to handling cyber attacks. Namely, both believe the other one is responsible for keeping a company safe. This is according to a new and extensive research by BAE Systems. A total of 221 C-suite executives and 984 IT decision-makers were polled or the report. According to the research, a third (35 percent) of C-suite executives believe IT teams are responsible for data breaches. On the other hand, 50 percent of IT decision makers would place that responsibility in the hands of their senior management. Cost estimates of a successful breach also differ. IT decision makers think it would set them back $19.2 million, while C-suite thinks of a lesser figure, $11.6m. C-level thinks a tenth (10 percent) of their company's IT budget is spent on cyber security, while IT decision makers think that's 15 percent. Also, 84 percent of C-suite, and 81 percent of IT teams believe they have the right protection set up.

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