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83 percent enterprises view cybersecurity as critical: Infosys report

Network segregation, threat intelligence platform, and advanced threat protection are the top implemented security solutions.

September 06, 2019 / 20:10 IST

Infosys Knowledge Institute (IKI), Infosys’ global thought leadership and research arm, unveiled market research titled, ‘Assuring Digital-Trust’. The research, aimed at understanding the current cybersecurity landscape and how enterprises are gearing up to safeguard themselves from evolving cyber threats, found that almost half (48 percent) of corporate boards and 63 percent of business leaders of surveyed enterprises are actively involved in cybersecurity strategy discussions.

Some Key findings of the survey:

  • Cybersecurity takes centre stage – across industries and geographies, 83 percent enterprises view cybersecurity as critical
  • Over two thirds of respondents have implemented a well-defined enterprise-wide strategy and roadmap
  • The top concerns faced by enterprises are Hackers/Hacktivists (84 percent), low awareness among employees (76 percent), insider threats (75 percent), and corporate espionage (75 percent)
  • Challenges in building a security aware culture combined with embedding security into design affects nearly two thirds of enterprises
  • To overcome security challenges, over half of the organizations are focusing on adopting integrated security solutions and are working with technology and service integrator partners. In addition, they are also following a series of ‘soft’ methods. These include training/certifications (61 percent), enablement sessions (54 percent) and creating security awareness among employees (51 percent)
  • Network segregation (65 percent), threat intelligence platform (57 percent), and advanced threat protection (55 percent) are the top implemented security solutions
  • Top trends that will shape the future of cybersecurity are Artificial Intelligence (41 percent); Privacy and Personal Data Protection (35 percent); Blockchain and Deception Technologies (33 percent)
  • Across industries, cybersecurity is consistently viewed as critical in an enterprise’s digital transformation journey. Manufacturing emerged at the top (87 percent), followed by energy and utilities (85 percent), and banking, financial services and insurance (83 percent)

Vishal Salvi, CISO & Head Cyber Security Practice, Infosys, said, “As enterprises continue to add new technologies to the business, it is crucial to defend themselves against a sophisticated threat environment. At Infosys, our approach is to embed cybersecurity at every stage of business, thereby minimizing risk while maximizing the visibility of the security landscape. The insights, if applied appropriately can accelerate the cyber defence of enterprises.”
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Moneycontrol News
first published: Sep 6, 2019 08:10 pm

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