Despite an elevated threat landscape, most have still not classified the business value of their data.
Retail & Consumer findings
What is the state of information security in the retail & consumer sector?
Here’s what we learned from our 820 respondents:
R&C information security budgets increase significantly. Security budgets average $3.6 million this year, an increase of 61% over last year. R&C companies appear to understand that today’s elevated threat landscape demands a substantial boost in security investment.
Despite the potential adverse consequences, most R&C companies do not adequately define and inventory high-value data. It is imperative that organisations identify, prioritise, and protect their "crown jewels". Most R&C respondents, however, have not inventoried their data assets or classified the business value of their data.