Over 8,200 information security executives in 63 countries struggle to hold the line against security threats and incidents, according to the State of Information Security 2005, the world’s largest information security study by IDG’s CIO magazines and PricewaterhouseCoopers.
Despite the recent public exposures of phishing scams, identity theft, corporate espionage, intellectual property breaches, and theft of millions of personally identifiable records, only 37% of companies reported that they have a security strategy in place. There have been incremental improvements in all areas of information security, however, improvements are far outpaced by the sophistication and volume of threats info security professionals face.
In addition, the response to regulatory compliance was surprising with less than half of U.S. respondents (38%) report that while they are required to be in compliance Sarbanes-Oxley, they currently are not compliant. Likewise, 23% need to be compliant with HIPAA (Health Insurance Portability & Accountability Act) and are not. Fifteen and 11 percent of U.S. respondents respectively are not in compliance with California State Bills 1386 and 1950 regarding data security and privacy though they are required to be so.
The full article published in the CIO magazine September 12th article can be viewed at www.cio.com.
To view the related PricewaterhouseCoopers press release, click here.
Industry Data Sheets
Download 