Ernst & Young’s IT security survey shows struggle to control cloud computing, social media and mobile risks
October 29, 2012
Grazed from PC Advisor. Author: Ellen Messmer.
Many CIOs and chief information security officers are struggling to adapt security practices to a changing environment that includes cloud computing, social media and tablets , according to a survey of 1,850 such IT pros. The Ernst & Young 2012 Global Information Security Survey published today found cloud computing to be one of the main drivers of business model innovation and IT service delivery, with 59% of respondents saying they use or plan to use cloud services. But 38% admitted they have not taken any measures to mitigate risks.
Use of social media in business is prevalent, but 38% of the CIOs and CISOs surveyed say they don’t have a coordinated approach to address risks, such as defending the organization’s brand or determining how employees use work time to engage in social media. The Ernst & Young survey indicated that 31% of respondents said they saw an increase in the number of security incidents compared to the previous year…
Another technology game-changer, use of mobile devices, such as tablets and smartphones, is compelling "policy adjustments," according to over half of these IT professionals who hail from the financial industry, insurance, high-tech, government, and various industrial, retail and utility sectors from all around the world. More than one-third say that company-owned mobile devices have been adopted but use of personal devices is not allowed for business. The survey found that 36% have acquired mobile-device management software and 31% now have a "governance process to manage the use of mobile applications." Encryption plays a central role for 40% of CIOs and CISOs surveyed.
In terms of budgets for the next 12 months, 30% said they expect information security funding increasing from 5% to 15%, while 9% of respondents anticipate a budget increase of 25% or more. Security budgets are expected to remain the same for 44%. About a third said they spend at least $1 million per year on information security…
Read more from the source @ http://www.pcadvisor.co.uk/news/network-wifi/3407599/ernst-youngs-it-security-survey-shows-struggle-control-cloud-computing-social-media-mobile-risks/