High Performance Security Report - High Technology
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The document is a report from Accenture on cybersecurity for high technology companies. It finds that only 44% of respondents have confidence in their cybersecurity capabilities across key domains. Failure rates for security breaches are alarmingly high, with thousands to millions of random breach attempts per week and over 144 focused attacks per year resulting in one in four attacks being successful breaches. Internal breaches are particularly problematic, with 41% of security impacts coming from malicious insiders. The report recommends that companies pressure test security capabilities, make security a shared responsibility, protect key assets from within, increase executive engagement, continually innovate defenses, and ensure security is connected to business needs.
High Performance Security Report - High Technology
- 1. ACCENTURE HIGH PERFORMANCE SECURITY REPORT 2016 FOR HIGH TECHNOLOGY
- 2. Copyright © 2017 Accenture. All Rights Reserved. 2 SECURE THE ENTERPRISE of large enterprise security executives have confidence in their cyber security strategies of organizations have completely embedded cybersecurity into their cultures
- 3. Copyright © 2017 Accenture. All Rights Reserved. 3 FAILURE RATES ARE ALARMINGLY HIGH THOUSANDS to MILLIONS of random breach attempts per week MORE THAN 144 focused attacks per year; of those, 1 in 4 result in a security breach That’s 3 effective attacks per month Internal breaches are PARTICULARLY PROBLEMATIC 41% say greatest security impact comes from malicious insiders Yet NEARLY 60% LACK CONFIDENCE in their organizations’ internal monitoring Many security breaches go undetected FOR TOO LONG Detecting a breach takes months for 40% of COMPANIES Internal security teams discover only 67% of EFFECTIVE BREACHES
- 4. Copyright © 2017 Accenture. All Rights Reserved. FOCUS FOR SUCCESS Are you confident that you have identified all priority business data assets and their location? Are you able to defend the organization from a motivated adversary? Do you have the tools and techniques to react and respond to a targeted attack? Do you know what the adversary is really after? How often does your organization ‘practice’ its plan to get better at responses? How do these attacks affect your business? Do you have the right alignment, structure, team members, and other resources to execute on your mission?
- 5. Copyright © 2017 Accenture. All Rights Reserved. 5 AND OUTMANEUVER Only 44% of respondents have confidence in their cybersecurity capabilities regarding any of the seven key domains below, but investment in these areas is critical to improving defenses and strengthening resilience.
- 6. Copyright © 2017 Accenture. All Rights Reserved. 6 CYBERSECURITY APPROACH PRESSURE TEST SECURITY CAPABILITIES by engaging “white hat” external hackers to simulate attacks MAKE SECURITY EVERYONE’S JOB by fostering a culture of cybersecurity & prioritizing training of all employees PROTECT FROM THE INSIDE OUT by prioritizing protection of organization’s key assets LEAD FROM THE TOP by materially engaging with enterprise leadership & improving the board’s cyber literacy INVEST TO INNOVATE AND OUTMANEUVER, continually innovating to stay ahead of attackers GROW CONFIDENTLY by keeping security connected to the bottom line and to real business needs
- 7. Copyright © 2017 Accenture. All Rights Reserved. 7 HIGH PERFORMANCE SECURITY RESEARCH 2016 The survey objective was to understand the extent to which companies prioritize security, how comprehensive security plans are, how resilient companies are with regard to security, and the level of spend for security. The survey aimed to measure security capabilities across seven cybersecurity strategy domains identified by Accenture: business alignment, cyber response readiness, strategic threat intelligence, cyber resilience, investment efficiency, governance and leadership, and the extended ecosystem. More than 50 percent of respondents were key decision-makers in cybersecurity strategy and spending, including security, IT and business executives at director level and above at companies with revenues of US $1 billion or more. In 2016 Accenture surveyed 2,000 executives from 12 industries and 15 countries globally, including 183 executives from the High Technology industry.
- 8. Copyright © 2017 Accenture. All Rights Reserved. 8 #CyberSecurity @AccentureSecure THANK YOU accenture.com/cybersecurityreport