Menu
Are Kiwi companies really worried about digital risk?

Are Kiwi companies really worried about digital risk?

As the dust begins to settle on the Sony Pictures Entertainment data breach, the industry continues to see major threats to corporate digital assets become reality.

As the dust begins to settle on the Sony Pictures Entertainment data breach, the industry continues to see major threats to corporate digital assets become reality.

Delving into the heart of the debate, Gartner analyst John A. Wheeler says threats are growing in both size and impact on corporations, well beyond customer personally identifiable information (PII).

“In Sony Pictures’ case, the breach extended to the very digital assets it produces,” Wheeler explains. “So, one has to wonder, are other companies really worried about digital risk?”

Based on some recent Gartner survey data, Wheeler says – yes, they are worried.

“In fact, several weeks ago, I published an analysis of our annual Gartner IT Risk Management Survey and it contains some telling results,” he explains.

Wheeler’s findings showed that demands from board members and senior executives for IT risk management data increased dramatically in the past year.

In 2013, only 46% of survey respondents noted that IT risk management data influenced board level decision making. However, in 2014, that percentage rose to a whopping 70% (see figure below).

“Our research is not alone,” Wheeler adds. “Boston Consulting Group also reports that 2014 has seen an increase of 126% in cyber attacks reported by companies, an increase of 83% in references to digital asset security in top broker research and an increase of 9% in worldwide spending in IT security.”

As a result, Wheeler believes the challenge for companies now is how to equip themselves for future threats and protect their most vital digital assets.

In 2015, Wheeler thinks it will be interesting how companies are evolving their IT risk management programs to better manage these growing digital risks.


Follow Us

Join the newsletter!

Or
Error: Please check your email address.

Tags securityGartnersony

Featured

Slideshows

Bumper channel crowd kicks off first After Hours of 2018

Bumper channel crowd kicks off first After Hours of 2018

After Hours made a welcome return to the channel social calendar with a bumper crowd of partners, distributors and vendors descending on The Jefferson in Auckland to kick-start 2018. Photos by Gino Demeer.

Bumper channel crowd kicks off first After Hours of 2018
Looking back at the top 15 M&A deals in NZ during 2017

Looking back at the top 15 M&A deals in NZ during 2017

In 2017, merger and acquisitions fever reached new heights in New Zealand, with a host of big name deals dominating the headlines. Reseller News recaps the most important transactions of the Kiwi channel during the past 12 months.

Looking back at the top 15 M&A deals in NZ during 2017
Kiwi channel closes 2017 with After Hours

Kiwi channel closes 2017 with After Hours

The channel in New Zealand came together to celebrate the close of 2017, as the final After Hours played out in front of a bumper Auckland crowd.

Kiwi channel closes 2017 with After Hours
Show Comments