Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Careers & People

2/12/2016
01:00 PM
Connect Directly
Twitter
RSS
E-Mail
100%
0%

Perceptions Of IT Risk Changing In Business Ranks

Business leaders increasingly see IT risk as huge, but policy making and visibility still lag.

An increasing number of business leaders see poor information security as the single greatest risk to their business. And the majority understand their risk of a suffering a cybersecurity incident as being high. But a large number of their organizations have security policies to match those fears, according to a new survey out this week.

Conducted by Vanson Bourne among 1,000 enterprise business leaders, the Risk:Value Report from NTT Com Security shows that 65% of executives today are certain or fairly certain that they will be struck with a security incident in the future. Meanwhile, over the last two years, the percent of those who would rank poor information security as the single greatest risk to their organization doubled. That risk equals the risk of competitors taking market share from the firm.

However, when it comes to taking meaningful steps to ensuring the safety of the company's data, only 52% report having a complete information security policy in place. And only about a third have a dedicated cybersecurity insurance policy in place. What's worse, among those who do have a policy, 43% worry that a lack of an incident response plan could potentially invalidate their coverage."

"Cybersecurity risks are much like any other threat to corporate wellbeing, in the sense that organizations have an opportunity to quantify it and respond accordingly," says the report. "Assessing the risk and the potential impact enables them to allocate appropriate resources, preventing or at the very least mitigating the potential effects of an intrusion."

 In addition to falling down on the policy side of the house, many enterprises aren't offering their security staff enough visibility into risks in order to pass those along to the line-of-business leaders overseeing corporate risk. In a different survey released this week that conducted by Tripwire among 763 IT professionals, close to two-thirds were unsure how long it would take for automated tools to generate an alert if they detected an unauthorized device on the network. Of those organizations with annual revenue of $250 million to $500 million, fewer than 60% can detect all attempts by users to access files on local systems or network shares without appropriate privileges. Additionally, only about 23% of organizations can automatically discover more than 90% of hardware assets on their networks.

"It’s good news that most organizations are investing in basic security controls; however, IT managers and executives, who don’t have visibility into the time it takes to identify unauthorized changes and devices, are missing key information that’s necessary to defend themselves against cyber attacks," warns Tim Erlin, director of IT security and risk strategy for Tripwire.

Interop 2016 Las VegasFind out more about security risk at Interop 2016, May 2-6, at the Mandalay Bay Convention Center, Las Vegas. Register today and receive an early bird discount of $200.

Ericka Chickowski specializes in coverage of information technology and business innovation. She has focused on information security for the better part of a decade and regularly writes about the security industry as a contributor to Dark Reading.  View Full Bio
 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
TerryB
50%
50%
TerryB,
User Rank: Ninja
2/15/2016 | 12:51:11 PM
Policy?
I'm not sure having a policy does much good when no amount of money you throw at problem can guarantee you can actually secure your data.

It's like the Little Pig who built his house from straw. Would a policy have saved him from the Big Bad Wolf?

At some point, these businesses need to realize that hooking up to internet might be cheap but is currently impossible to secure. And that won't change overnight.
COVID-19: Latest Security News & Commentary
Dark Reading Staff 9/25/2020
Hacking Yourself: Marie Moe and Pacemaker Security
Gary McGraw Ph.D., Co-founder Berryville Institute of Machine Learning,  9/21/2020
Startup Aims to Map and Track All the IT and Security Things
Kelly Jackson Higgins, Executive Editor at Dark Reading,  9/22/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon
Current Issue
Special Report: Computing's New Normal
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
How IT Security Organizations are Attacking the Cybersecurity Problem
How IT Security Organizations are Attacking the Cybersecurity Problem
The COVID-19 pandemic turned the world -- and enterprise computing -- on end. Here's a look at how cybersecurity teams are retrenching their defense strategies, rebuilding their teams, and selecting new technologies to stop the oncoming rise of online attacks.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-15208
PUBLISHED: 2020-09-25
In tensorflow-lite before versions 1.15.4, 2.0.3, 2.1.2, 2.2.1 and 2.3.1, when determining the common dimension size of two tensors, TFLite uses a `DCHECK` which is no-op outside of debug compilation modes. Since the function always returns the dimension of the first tensor, malicious attackers can ...
CVE-2020-15209
PUBLISHED: 2020-09-25
In tensorflow-lite before versions 1.15.4, 2.0.3, 2.1.2, 2.2.1 and 2.3.1, a crafted TFLite model can force a node to have as input a tensor backed by a `nullptr` buffer. This can be achieved by changing a buffer index in the flatbuffer serialization to convert a read-only tensor to a read-write one....
CVE-2020-15210
PUBLISHED: 2020-09-25
In tensorflow-lite before versions 1.15.4, 2.0.3, 2.1.2, 2.2.1 and 2.3.1, if a TFLite saved model uses the same tensor as both input and output of an operator, then, depending on the operator, we can observe a segmentation fault or just memory corruption. We have patched the issue in d58c96946b and ...
CVE-2020-15211
PUBLISHED: 2020-09-25
In TensorFlow Lite before versions 1.15.4, 2.0.3, 2.1.2, 2.2.1 and 2.3.1, saved models in the flatbuffer format use a double indexing scheme: a model has a set of subgraphs, each subgraph has a set of operators and each operator has a set of input/output tensors. The flatbuffer format uses indices f...
CVE-2020-15212
PUBLISHED: 2020-09-25
In TensorFlow Lite before versions 2.2.1 and 2.3.1, models using segment sum can trigger writes outside of bounds of heap allocated buffers by inserting negative elements in the segment ids tensor. Users having access to `segment_ids_data` can alter `output_index` and then write to outside of `outpu...