Fighting new tech risk with new tech solutions

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Key findings from The Global State of Information Security® Survey 2018

A survey of Tech industry leaders reveals low confidence that their companies' cybersecurity and privacy program is on par with advances in cyber threats.

A strong cybersecurity program enables companies to be more capable to detect malicious activity and uncover more compromises.

According to findings from 1,777 technology industry executives responding to The Global State of Information Security® Survey 2018, technology businesses detected an average of 3,905 security incidents, a 17% drop over the year before.

Financial services GSISS at a glance

How tech companies can strengthen their cybersecurity and privacy program

To more effectively detect cybersecurity attacks and insider compromise navigate through regulatory obligations, technology businesses should consider the following steps:

  1. Improve incident-detection capabilities: Technology businesses should take action to improve their detection capabilities. Every business should have a formal cybersecurity and data privacy strategy in place.
  2. Train employees on current threats and methods of attack: Create an awareness program that educates employees on current threats and how to use good security hygiene to avoid them.
  3. Recommit to data-privacy policies: Now that GDPR has gone into effect, technology businesses should update their data-privacy and data governance programs, starting with an assessment of existing data-governance policies to determine where data is stored, how it is used, who can access it and how (and where) it is processed.

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Pieter Penning, PCI QSA

US Advisory, Cybersecurity & Privacy Partner, PwC US

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