Cyber security may be a top board room priority, but what does that mean in practice? We talked to over 1,200 people around the world from two distinct groups within companies: senior executives and IT decision makers (ITDMs).
Close examination of the responses to our survey suggested that, while these two groups agree on many things, they often do so from very different perspectives, symptomatic of a lack of clear communication and agreed basic information shared between executives and IT leaders.
Among our findings for this region:
- Respondents in the UAE seemed far less worried than others around the world: only 31% cited cyber security as the most significant challenge facing their business.
- In contrast, worldwide, 71% of C-suite respondents said cyber security represents the most significant business challenge.
- German businesses were similarly confident – 32% of IT Decision Makers expected to be attacked in the next year. In contrast, 79% of ITDMs in the UK expected to be attacked.
- Worldwide, C-level executives estimated the cost of a successful attack at $11.6 million, while IT decision makers averaged out at $19.2 million.
- Amongst ITDMs worldwide, 72% expect to be targeted by a cyber attack over the next 12 months.
- Both groups placed the responsibility for a cyber attack succeeding on the shoulders of the other group.