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.

Analytics

High-Tech Firms Fall Short on Security

They might talk the security talk, but most tech companies are overconfident and underprepared, Deloitte study says

You'd think they'd be ahead of the curve, given their lines of business. But many technology, media, and telecommunications companies are not eating their own security dog food, according to a study published earlier today.

According to the study, conducted by Deloitte & Touche, some 46 percent of high-tech companies surveyed do not have a formal information security strategy in place. Despite this lack of strategy, however, 69 percent report they are "very confident" or "extremely confident" about their organization’s effectiveness at tackling external security challenges.

This confidence is surprising, given the rest of the survey results. Just 7 percent of high-tech companies believe they are prepared for future security threats. In the past year, only 5 percent of the respondents had increased their security investment by 15 percent or more.

Only 38 percent of companies believe their organizations have all the skills and capabilities they need to respond effectively and efficiently to security challenges. Just 56 percent feel confident in their company's ability to handle employee misconduct and insider threats. Some 38 percent said they don't believe security is an imperative at the executive or board level, Deloitte said.

"The technology, media & entertainment and telecommunications industries are still in a reactive mode when it comes to their approach to security," said Rena Mears, Deloitte global and U.S. privacy and data protection leader.

— Tim Wilson, Site Editor, Dark Reading

  • Deloitte & Touche USA LLP

    Tim Wilson is Editor in Chief and co-founder of Dark Reading.com, UBM Tech's online community for information security professionals. He is responsible for managing the site, assigning and editing content, and writing breaking news stories. Wilson has been recognized as one ... View Full Bio

    Comment  | 
    Print  | 
    More Insights
  • Comments
    Newest First  |  Oldest First  |  Threaded View
    Attackers Leave Stolen Credentials Searchable on Google
    Kelly Sheridan, Staff Editor, Dark Reading,  1/21/2021
    How to Better Secure Your Microsoft 365 Environment
    Kelly Sheridan, Staff Editor, Dark Reading,  1/25/2021
    Register for Dark Reading Newsletters
    White Papers
    Video
    Cartoon Contest
    Write a Caption, Win an Amazon Gift Card! Click Here
    Latest Comment: I can't find the back door.
    Current Issue
    2020: The Year in Security
    Download this Tech Digest for a look at the biggest security stories that - so far - have shaped a very strange and stressful year.
    Flash Poll
    Assessing Cybersecurity Risk in Today's Enterprises
    Assessing Cybersecurity Risk in Today's Enterprises
    COVID-19 has created a new IT paradigm in the enterprise -- and a new level of cybersecurity risk. This report offers a look at how enterprises are assessing and managing cyber-risk under the new normal.
    Twitter Feed
    Dark Reading - Bug Report
    Bug Report
    Enterprise Vulnerabilities
    From DHS/US-CERT's National Vulnerability Database
    CVE-2021-21275
    PUBLISHED: 2021-01-25
    The MediaWiki "Report" extension has a Cross-Site Request Forgery (CSRF) vulnerability. Before fixed version, there was no protection against CSRF checks on Special:Report, so requests to report a revision could be forged. The problem has been fixed in commit f828dc6 by making use of Medi...
    CVE-2021-21272
    PUBLISHED: 2021-01-25
    ORAS is open source software which enables a way to push OCI Artifacts to OCI Conformant registries. ORAS is both a CLI for initial testing and a Go Module. In ORAS from version 0.4.0 and before version 0.9.0, there is a "zip-slip" vulnerability. The directory support feature allows the ...
    CVE-2021-23901
    PUBLISHED: 2021-01-25
    An XML external entity (XXE) injection vulnerability was discovered in the Nutch DmozParser and is known to affect Nutch versions < 1.18. XML external entity injection (also known as XXE) is a web security vulnerability that allows an attacker to interfere with an application's processing of XML ...
    CVE-2020-17532
    PUBLISHED: 2021-01-25
    When handler-router component is enabled in servicecomb-java-chassis, authenticated user may inject some data and cause arbitrary code execution. The problem happens in versions between 2.0.0 ~ 2.1.3 and fixed in Apache ServiceComb-Java-Chassis 2.1.5
    CVE-2020-12512
    PUBLISHED: 2021-01-22
    Pepperl+Fuchs Comtrol IO-Link Master in Version 1.5.48 and below is prone to an authenticated reflected POST Cross-Site Scripting