Intelligent CIO LATAM Issue 48 | Page 25

INFOGRAPHIC money and is actually the source of more problems. While it’ s essential that security remains a budget priority, security needs to be a strategic investment, not a knee-jerk purchase. CIOs will be wise to evaluate and untangle their security ecosystem and consider moving to a unified solution that offers broader and deeper threat protection.”
Security needs to be a strategic investment, not a knee-jerk purchase.
Additional findings on security
• Malware and ransomware( 42 %), data breaches( 37 %), AI-driven attacks( 34 %) and phishing( 33 %) are among the top concerns for CIOs when it comes to cybersecurity risk
• 78 % note that the frequency of cybersecurity breaches has either remained consistent or increased.
• 76 % acknowledging the growth threat of credential leaks
• 41 % of CIOs don’ t believe their current security investments fully meet their organisation’ s needs
Almost all( 96 %) say at least some improvements are needed in their organisation’ s security coverage, 45 % require significant improvements. p
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