Businesses in Asia Pacific are lagging behind their US counterparts when it comes to cyber security readiness, revealed a research by BT.
Conducted in October 2013, the research assessed 500 IT decision makers on their attitudes towards cyber security as well as their levels of preparedness. The interviewees represented medium to large sized organisations across various sectors from the UK, France, Germany, USA, Brazil, Hong Kong and Singapore.
According to the survey, only half (51 percent) of the organisations in the Asia Pacific region are able to measure the return on investment (ROI) of their cyber security measures as compared to that in the US (90 percent). Besides that, less than half of the directors and senior decision makers in the Asia Pacific region received IT security training than their US counterparts (86 percent).
The research also unveiled that the attitudes towards the types of cyber threats differ by country and region. Hacktivism (74 percent), malicious insider threats (65 percent), and non-malicious insider threats (63 percent) were considered as the top three threats by organisations in the Asia Pacific region. In contrast, organisations in the US view non-malicious insider threats (85 percent) as the most severe threat, followed by malicious insider threats (79 percent) and hacktivism (77 percent).
In response to emerging threats, three quarters (75 percent) of the IT decision makers globally said that they would like to overhaul their infrastructure and design them with security features from the ground up. They also plan to train all staff in cyber security best practice (74 percent) and engage an external vendor to monitor the system and prevent attacks (54 percent).
"As the threat landscape continues to evolve, CEOs and board level executives need to invest in cyber security and educate their people in the IT department and beyond," said Kevin Taylor, BT Global Service's president for Asia, Middle East & Africa. "The stakes are too high for cyber security to be pushed to the bottom of the pile."
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