Forcepoint has partnered with WSJ Intelligence to release “The C-Suite Report: The Current and Future State of Cybersecurity,” the company reported on Wednesday. The research has analyzed global business leaders' cybersecurity priorities.
"When more than 89% of leaders believe their teams are more cyber-aware than ever, it's not surprising to hear executives are losing sleep over their cybersecurity posture today because they know the stakes to their business are so high," said Nicolas Fischbach, Global CTO of Forcepoint.
The research has identified disparities between geographic regions on data protection and has provided a digital transformation hierarchy between increased risk and increased technology capability.
76 percent of recipient leaders have reported that they are losing sleep over the prospect of becoming the next headline-grabbing security breach, while 87 percent reported that their security team is consistently ahead of cybersecurity threats.
"At a time when cybersecurity is more strategic to business growth than ever before, it is time senior business and security leaders reassess their cybersecurity strategy to one that enables them to move left of breach,” added Fischbach.
Protecting customer data is a top priority for leaders in the US was reported to be 62 percent and in Europe to be 64 percent. Asia noted that 61 percent of leaders will prioritize protecting organizational IP over customer data.
Forcepoint’s report found that CEOs prefer to be proactive and risk-focused, prioritizing maintenance of business stability above all. While more than half of CISOs embrace a more reactive, incident-driven approach to mitigating today's dynamic cybersecurity threat landscape.
"Now is the time for all business and security leaders to recognize the business continuity actions they take now will determine whether they simply survive or thrive in today's new business reality," Fischbach concluded.
Forcepoint is the global cybersecurity leader for user and data protection. Forcepoint's behavior-based solutions adapt to risk in real-time and are delivered through a converged security platform that protects network users and cloud access, prevents confidential data from leaving the corporate network, and eliminates breaches caused by insiders.
Based in Austin, Texas, Forcepoint creates safe, trusted environments for thousands of enterprise and government customers and their employees in more than 150 countries.