IT-Security is underestimated in Europe
Published on: March 28, 2014 by Irina
According to the research carried by British Telecom, IT security is not found in the highest priorities among European businesses. Only 20 % of big-scale European companies are ready to invest a large chunk of money in cyber security; and this is in the contradistinction to the 41% of American companies. Just over half (58%) of European organizations can measure the return on investment (ROI) in the implementation of safety measures in cyberspace compared to 90% of U.S. companies. In addition, 86% of directors and senior executives of U.S. companies are trained in the field of information security, while in Europe the identical trainings are attended only by 44% of managers.
Such a discrepancy might be explained by the different intense and frequency of attacks. In fact, European cyber space is less likely to have any of such problems as malicious insider threats, hack attacks, and organized crime in comparison with the rest of the world.
As a prediction for 2014 hack attacks and malicious insider threats are going to be the greatest risk for cyberspace.