Losing Ground
The last edition of the Technology, Media & Telecommunications (TMT Global Security Survey found that many TMT companies were only just managing to keep up with the growing threats in information security, despite increased spend. What effect does the current economy have on digital security, and what efforts do TMT companies undertake to address the growing number of threats they are facing?
Scope
Deloitte’s third edition of the Global Security Survey for the Technology, Media & Entertainment, and Telecommunications industry, “Losing Ground: Deloitte Global TMT Security Survey 2009,” was based on in-depth research, mostly in-person, with over 200 TMT organizations around the world. Respondents included companies headquartered in every major region:
- North America
- Europe
- Middle East
- Africa
- Asia Pacific
- Japan
- Latin America and the Caribbean Regional Office
Organizations that participated in the survey range from the large (with annual revenues of over $15 billion) to the small, those with less than 500 employees.
Key findings of the survey
The TMT industry is feeling the pressure of the global recession, which is having a profound effect on their spending. Last year’s survey reported that many TMT companies were just managing to keep their heads above water when it came to security. This year’s results indicate companies are explicitly scaling back, which is having a detrimental impact on all aspects of TMT security.
The survey revealed the following key findings:
- Security investment is spiraling down with the economy
- Social networking adds to the list of insider threats
- Outsourcing outpaces security
- Going public about privacy
- Regulatory issues are moving to the forefront
- Virtual and physical security worlds are colliding
Download the key findings document attached below for a summary of the results. The complete detailed report is also available.
Dbriefs Webcast Archive
Listen to the Dbriefs Webcast entitled "Coping with Security Threats: What the Economic Downturn Means." Deloitte leaders and participants not only discussed the results of this survey, but also looked into:
- Top security issues – data leakage and protection, business continuity and disaster recovery, and intellectual property
- Security readiness – ways of addressing challenges of mobile workforces, identification, and response to top areas of threat
- Elements of a proactive and aligned security strategy, key market drivers, staffing and organizational requirements, budgets and training
Related Content
Article: The People Dimension of Security and Privacy: Eight Training and Awareness Habits of Highly Effective Organizations
Industry: Technology, Media & Entertainment, Telecom
Services: Security & Privacy
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