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Paradise Papers Revelations

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Page 1: Paradise Papers Revelations - CSO50 Conference...of enterprise organizations have ... Financial Services 40% Healthcare 32% Enterprise 24% SMB 31% Security Executive 24% IT Executive

Paradise Papers Revelations

Page 2: Paradise Papers Revelations - CSO50 Conference...of enterprise organizations have ... Financial Services 40% Healthcare 32% Enterprise 24% SMB 31% Security Executive 24% IT Executive

Getting Back to Basics…the Shortfalls

44% 48% 54%DO NOT have an overall information security strategy

DO NOT have an employee security awareness program

DO NOT have an incident response process

Page 3: Paradise Papers Revelations - CSO50 Conference...of enterprise organizations have ... Financial Services 40% Healthcare 32% Enterprise 24% SMB 31% Security Executive 24% IT Executive

Evaluating Business Partners through the Lens of the Cybersecurity

58%of enterprise organizations have

Service-Level Agreements with their business partners to specify

minimum cybersecurity standards compared to 36% of SMBs

47%of enterprise organizations evaluate the cybersecurity of supply chain/business

partners prior to conducting business

with them

31%say this has

resulted in termination

of contractsor relationships

Page 4: Paradise Papers Revelations - CSO50 Conference...of enterprise organizations have ... Financial Services 40% Healthcare 32% Enterprise 24% SMB 31% Security Executive 24% IT Executive

What Prevents You From Focusing on Strategic Issues?

6%

13%

13%

15%

17%

19%

20%

20%

21%

27%

28%

28%

31%

Security around corporate travel/executive protection

Vendor issues

Cyber threats from inside the organization/Insider threats

Managing security/addressing risks around mobiledevices, BYOD

Gaining cooperation/buy-in from business leaders/stakeholders

Security around technology as a service/cloud computing

Ensuring customer privacy/confidentiality

Addressing security risks in disruptive technologies (e.g., cloud, mobile)prior to their implementation

Employee retention/hiring enough skilled workers

Employee awareness and cooperation issues

Meeting governance & compliance regulations

Budgetary constraints/demonstrating ROI

Cyber threats from outside the organization/APTs, DDoS Enterprise 26%SMB 37%

Government/NP 39%

Financial Services 40%

Healthcare 32%

Enterprise 24%SMB 31%

Security Executive 24%IT Executive 18%

Page 5: Paradise Papers Revelations - CSO50 Conference...of enterprise organizations have ... Financial Services 40% Healthcare 32% Enterprise 24% SMB 31% Security Executive 24% IT Executive

Security is the CEO’s Priority for the CIO2017 2016 2015 2014

Total 646 571 558 722

Help reach specific goal for corporate revenue growth 32% 32% 40% 42%

Upgrade IT and data security to avoid cyber attack 32% 29% 23% 18%

Simplify IT 31% 23% 24% 22%

Lead a product innovation effort 28% 22% 21% 28%

Reduce IT spending 22% 15% 16% 13%

Enable new plan for customer acquisition & retention 21% 19% 22% 30%

Enable global expansion 19% 11% 13% 19%

Collaborate with the CMO or Chief Digital Officer on major customer initiative 17% 13% 18% 13%

Lead merger integration or due diligence on a potential acquisition 15% 12% 13% 12%

Strengthen business skills of IT staff 15% 16% 18%

Fill technical skill gaps of IT staff 9%

Partner with Chief Data Officer to identify new business or cost-saving opportunities 7%

UP FROM #8 PRIORITY IN 2014

Page 6: Paradise Papers Revelations - CSO50 Conference...of enterprise organizations have ... Financial Services 40% Healthcare 32% Enterprise 24% SMB 31% Security Executive 24% IT Executive

Our Advice for Businesses

• C-suites must lead the charge – and Boards must be engaged

• Pursue resilience as a path to rewards – not merely to avoid risk

• Purposefully collaborate and leverage lessons-learned

• Stress-test interdependencies in your digital business ecosystem

• Focus more on risks involving data manipulation and destruction