Confidence in Effective Cyber-Protection Wanes

By Karen A. Frenkel  |  Posted 07-03-2015 Email

Few technology leaders are confident that traditional firewalls, antivirus software, IDS/IPS technologies, log management and SIEM mitigate the risk of security incidents, according to a new study. Despite this, few have cyber-insurance. The study, conducted by security intelligence, risk and compliance solutions firm EiQ Networks, is based on 168 IT decision-makers' responses. The respondents are senior managers, security managers, directors and network and systems engineers in small and midsize enterprises in the health care, government, financial services and retail industries. "Companies today have serious gaps in their security programs, specifically the people, processes and technology they need to protect their valuable customer and corporate data and intellectual property," said Vijay Basani, chairman, president and CEO of EiQ Networks. "In today's heightened threat environment, companies need to adopt a multipronged, comprehensive security program that addresses vulnerabilities related to people, process, technology and culture."

Karen A. Frenkel writes about technology and innovation and lives in New York City.


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