As more companies move toward adopting digital technologies, they acquire and store increasing amounts of data not just from customers, but also on internal finances and performance. This data is crucial to the business, enabling stakeholders to assess performance, implement efficiencies, and do more informed planning. As such, all employees from the auditors to the board members must share accountability for the security of company data.
But does IT security get a lot of talk time in the boardroom? According to a survey conducted by Protivity, not really.
Results show that a large portion of respondents say that their board members were less engaged this year than they were last year. This is in contrast with the sentiment of respondents that an engaged board is an important element and influencer of how the company as a whole treats cybersecurity.
One of the key challenges that companies face is lack of an in-depth understanding of what data they have and how they can use it. This lack of understanding has resulted in the absence of policies that help safeguard sensitive data and information.
Respondents of the survey came from key markets worldwide and span employees from all levels, from board directors to management-level professionals. Read the full report here.
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