Highlights from the study include:
66% of respondents don't believe current proposed regulation will improve cyber security for the private sector
65% of respondents say neither DHS nor NSA should regulate cyber security for the private sector
81% believe that the public sector is not doing an adequate job of keeping their personal data secure
83% believe that cyber security investment in the private sector is not sufficient given the risk environment
83% believe that cyber security investment in the public sector is not sufficient given the risk environment
"Over 65% of respondents - a very strong majority - believe the private sector does not need cyber security regulation," said Elizabeth Ireland, vice president of marketing for nCircle. "They know being compliant does not mean your network is secure. IT pros realize effective security regulations are very difficult to craft and must be adequately enforced to improve security across the board. There is growing acknowledgment of the importance of effective cyber security but our regulatory track record does not create a compelling case for the efficacy of regulation."
The study was conducted online between April 19 and May 31, 2012, and covered a range of security topics. To see the complete study, please visit: http://www.ncircle.com/index.php?s=resources_surveys_Government-Policy-Security-Trends-2012.
The study is illustrated in nCircle's The State of Cyber Security infographic. Interested parties have permission to embed and share the infographic on their websites or blogs with attribution.
nCircle is the leading provider of information risk and security performance management solutions to more than 6,500 businesses and government agencies worldwide. nCircle solutions enable enterprises of all sizes to (1) automate compliance and reduce risk, and (2) measure and compare the performance of their IT security program with their own goals and industry peers. nCircle solutions may be deployed on a customer's premises, as a cloud-based service, or in combination, for maximum flexibility and value.