Security Slideshow: 10 Things CIOs Don't Know About Cyber Security

By Jennifer Lawinski  |  Posted 09-12-2011

10 Things CIOs Don't Know About Cyber Security

Prevalent attacks71% of respondents reported that their company experienced cyber attacks in the past 12 months.

10 Things CIOs Don't Know About Cyber Security

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Attacks IncreaseMore than one fifth of respondents (21%) said they saw the frequency of cyber attacks increase in the past 12 months.

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Cyber Attacks Will Cost You92% of respondents said their company suffered financial losses from cyber attacks.

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The top 3 losses as a result of a cyber attack were (percent respondents):• IT downtime - 43%• Theft of employee's identity information - 20%• Intellectual property theft - 19%

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The High Cost of Cyber Attacks 20% of respondents at large enterprises reported that their company suffered at least $271,000 in damages as the result of a cyber attack.

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How Attacks OccurMalicious code attacks are the most frequent, affecting 22% of respondents.

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Social Networks20% of respondents experienced social engineering attacks, including phishing, spoofing and pre-texting.

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Inside JobsWell-meaning insiders are a source of concern for 46% of respondents, but cyber attacks by hackers are the top security fear for 49% of respondents.

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That iPhone Could Be Your Downfall47% of respondents said mobile computing makes cyber security more difficult than it was in the past.

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How to Respond?What are companies doing to deal with cyber threats? (percent respondents)• Hiring staff with networking, endpoint, and Web security expertise: 46% • Increasing security budgets: 41%

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