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Asian manufacturers unaware about security risks

Anuradha Shukla | June 14, 2011
IDC report indicates manufacturers in this region do not know the number of security events that occurred in their organisations in the past 12 months.

About 58 per cent of Asian manufacturers do not know how many security events have occurred in their organisations in the past 12 months, according to a newly released report by IDC Manufacturing Insights.

"IDC Security Survey - Asia Pacific Manufacturing Results: Are we doing enough?" indicates that the information security budget among Asia Pacific manufacturers is forecasted to increase at a faster pace compared to the other regions.

However, manufacturers in this region are generally less concerned about their IT security budgets and IDC says this is due to a lack of knowledge about the potential security risks that exist in today's interconnected world.

Study also shows that about 64 per cent of Asian manufacturers do not know the nature of security events that occurred in their organisations in the past 12 months and this figure is higher than the worldwide average of 54 per cent.

On a positive note, information security has moved up the management hierarchy. IDC attributes this change to several factors, including increasing challenges in the new economy, the rise in cyber crime and the growing complexity of terrorist threats.

Need of awareness programmes

About 33 per cent of Asia manufacturers said their organisations' top security executive now reports directly to the CEO.

The research firm also notes that three quarters of the manufacturers in this region are very or extremely confident that the information held by their organisations is protected from external (77.8 per cent) and internal (69.4 per cent) attacks.

"The disconnect between perception and reality suggests that Asia Pacific manufacturers are not as aware of their security risks and threats as they think," said Dr William Lee, senior research manager, IDC Manufacturing Insights Asia Pacific says. "Clearly, manufacturers in this region need to step up their awareness programmes to get up to speed on their knowledge of the security risks and counter-measures that exist today."

"Moving ahead, manufacturers should align their security strategies with business goals and direction to reduce the potential damage and loss caused by security attacks," added Dr. Lee.

 

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