Sophos (LSE: SOPH) has announced the findings of its report, The Future of Cybersecurity in Asia Pacific and Japan – Culture, Efficiency, Awareness which reveals that the success of an organisation’s cybersecurity investment lies in more than buying technology, with corporate culture, employee education and path-to-purchase playing a critical role.
Asia Pacific and Japan companies not keeping pace with the speed of cybersecurity
Across Asia Pacific and Japan (APJ), the majority (66 per cent) of business decision makers believe lack of security expertise is a challenge for their organisation, with 67 per cent observing recruitment of skills to be a struggle. This comes down to the set-up of cybersecurity within organisations, which commonly sees IT staff tasked with security in addition to their other responsibilities.
There is also a wider issue, relating to employee attitude and behaviour, impacting corporate cybersecurity. In fact, 85 per cent of APJ organisations believe the biggest challenge to their security in the next 24 months will be improving cybersecurity awareness and education among employees and leadership.
Budget challenges and organisational structure continue to play a role
Across all markets, only (34 per cent) of organisations have a dedicated cybersecurity budget – in most cases budgets are included as part of other broader IT or other departmental spend. Organisational IT security structures are diverse — one third of those surveyed have a dedicated CISO, another third sees cybersecurity led by an IT leader, and the remainder give responsibility to another executive, such as the CTO. The majority of organisations continue to keep most capabilities in-house and only in a few areas, like penetration testing and training, does outsourcing become a more common approach.
Change is coming
More than 50 per cent of APJ organisations are regularly making significant changes to their cybersecurity approach, with most (82 per cent) intending to make changes to their security approach in the next 12 months. As part of this, one in two organisation anticipate their use of external security partners to rise over the next 12 months. The main triggers for security updates — beyond changes to overall security posture — are technology and product developments, compliance and regulation requirements, and growing awareness of new attacks.
Chester Wisniewski, principal research scientist, Sophos said, “Security is hard. We all know it. Sophos’ survey highlights the constant challenge presented by the evolving security landscape and never-ending search for skills and best practices to help organisations overcome these threats. What does it really mean to ‘be secure’? Ultimately, security is about managing risk. To do that effectively, IT managers must be able to identify key areas where their team’s actions will have an outsized impact on protecting their organisation, employees and the data their company has been entrusted with.”
“Our research highlights the struggles organisations face in attaining security expertise and staying up to date. It also shows a lack of visibility into security risk and an overestimation of respondents’ abilities to defend their organisations. For example, on average, one third of respondents believed their organisations had been the victim of a breach in the last year, whereas anecdotal evidence suggests this number should be close to 100 per cent.”
“Today’s security teams must be proactive in their response to today’s cyber threats. This requires having the tools to effectively find suspicious activity and access to a network of security knowledge to interpret that information and lead them to appropriate corrective action.”
For a copy of the report – download at https://www.mysecuritymarketplace.com/product/the-future-of-cybersecurity-in-asia-pacific-and-japan-culture-efficiency-awareness/