Growth in accountability gap for cyber security execs

Growth in accountability gap for cyber security execs

The cyber security industry is seeing a growth in the accountability gap, says a recent study from the NASDAQ and software company Tanium.

The study found that 40% of executives do not take responsibility for any effects that cyber crime attacks may have had on their firm.

An insufficient awareness of what cyber security really entails is believed to be at fault, which is concerning for those with a good understanding of just how important it is.

Some 1,530 head cyber security officers, head information officers, C-level executives and non-executive directors took part in the survey, titled ‘Accountability Gap: Cybersecurity and Building a Culture of Responsibility’.

Titanium head security officer David Damato told SC Magazine:

“Executives generally don’t feel they have an important role in information security, believing it to be a problem for their IT and security teams.”

Damato added that all executives need to start showing some responsibility when it comes to cyber security.

The survey further found that over 90% of corporate execs fail to understand a cyber report and are not equipped to deal with an advanced attack.

Executives have little excuse for the accountability gap in light of the numerous high-profile hacking incidents in recent years. This is a time of great uncertainty when it comes to cyber security but there is also a lot of talent out there to help steady the ship. If executives fail to offer cyber security jobs to trained professionals, they are putting their company and everything they worked for at risk.

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