RSA highlights new global research
The survey, sponsored by RSA, was the third survey conducted by CyLab Adjunct Distinguished Fellow, Jody Westby, and comparisons with the 2008 and 2010 data clearly show ongoing gaps in governance.
Using the Forbes Global 2000 list, the 2012 survey represents the first analysis of cyber governance postures of major corporations around the world. One of the most important advance findings is that boards and senior management still are not engaging in key oversight activities. Even though there are some improvements in key "regular" board governance practices, less than one-third of the respondents indicate their boards and senior executives are undertaking basic responsibilities for cyber governance.
Although improvements are shown in the formation of board Risk Committees and cross-organizational teams within their organizations, nearly half of the respondents indicated that their companies do not have full-time personnel in key privacy and security roles, and 58% of the respondents said their boards are not reviewing their companies' insurance coverage for cyber-related risks.
Brian Fitzgerald, VP, Marketing, RSA said, "The models for creating, delivering and managing IT services are in a state of transformation driven by virtualization, cloud computing, the hyper-connectivity of people and organizations, and the emergence of a new class of 'big data' applications. With the convergence of these trends amid an increasingly complex compliance and threat landscape, executives and boards must be actively engaged in ensuring their organizations are addressing these risks while reaping the benefits of next generation IT."
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