Data Security Heads List of C-level Executives' Concerns - Slide 12

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Next The Approximate Annual Budget for Enterprise Data Protection-12 Next

The Approximate Annual Budget for Enterprise Data Protection

Relative to other security sectors, investments in data protection are small.

A new study from the United Kingdom that was conducted by the Ponemon Institute on behalf of IBM is illustrative of a worldwide challenge when it comes to enforcing IT security. The study of 115 C-level executives finds that while CEOs are increasingly placing more importance on data security, there is a significant gap between their perception of how good their organizations are at securing information and the perceptions of the rest of the executive management team.

The core issue, says Dr. Larry Ponemon, is that CEOs are still pretty divorced from the processes associated with managing security, which tends to give them a slightly distorted view of their company’s capabilities and what it takes to secure the organization.

The good news is that everybody seems to agree that spending money on security is a valuable and necessary endeavor, but not everybody seems to be on the same page concerning what the proper amount should be.
 

Related Topics : Unisys, Stimulus Package, Security Breaches, Symantec, Electronic Surveillance

 
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