2007 Global Security Survey
The “people factor” and the information security paradox
The fifth annual Global Security Survey benchmarks IT security in the financial services industry. It reveals the “Security Paradox” – a situation in which Business Executives are becoming more aware of IT Security issues, but where support for a solution still lies with the IT department. This is highlighted by the fact that only 63% of respondents have an information security strategy, and only 10% have information security led by a business line leader.
Other findings of this year’s survey include:
|•||91 percent of participants are concerned about employee security weaknesses;|
|•||79 percent of participants cite the human factor as the root cause of information security failures;|
|•||66 percent of participants do not feel they should be accountable for protecting computers of customers who transact with them on-line.|