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CEOs Disconnect Between Cyber Security Perception and Reality; Report
/by RedSealITP.net | January 11, 2017
The Middle East’s leading technology website
Cybersecurity analytics firm RedSeal has revealed that there is a disconnect between CEOs confidence in cyber defence strategies and actual results.
The survey, which is based on 200 CEOs from various industries, such as technology, finance, manufacturing, government and retail, discovered that 80% of CEOs are confident in their company’s cybersecurity strategies, regardless of the fact that security incidents have increased by 66% year-on-year since 2009.
RedSeal CEO: Executives Need “Visualization” to Help Determine Cybersecurity Effectiveness
/by RedSealGOVERNMENT SECURITY NEWS | December 22, 2016
The past two weeks have been affirming ones for Ray Rothrock and his team at RedSeal.
Just hours after his company shared their findings regarding corporate executives and their cyber naivete – including an alarming statistic showing more than 80 percent of CEOs are confident in their companies’ strategies even as cyber incidents continue to rise – officials from Yahoo announced they discovered a breach that originated three years ago and compromised the data of more than a billion users.
RedSeal Survey: CEOs Remain Confident in Their Companies’ Cybersecurity Measures Despite Increase in Attacks
/by RedSealGOVERNMENT COMPUTER NEWS | December 20, 2016
RedSeal (www.redseal.net), a leader in the cybersecurity analytics market, today released the results of a CEO study, which surveyed perceptions of – and confidence in – their cybersecurity posture.
The study found that more than 80 percent of CEOs are very confident in their firm’s cybersecurity strategies, despite the fact that security incidents have surged 66 percent year-over-year since 2009 according to PricewaterhouseCoopers’ 2017 Global State of Information Security Survey.
What Did Yahoo Know? And When Did They Know It?
/by RedSealSC MAGAZINE | December 16, 2016
Yahoo’s billion-user breach calls the company’s security practices into question.
…Those companies with greater visibility into their networks better position themselves “to address the concerns of consumers, business partners and shareholders” after an attack, RedSeal CEO and Chairman Ray Rothrock told SC Media. “Digital resilience – the ability to battle the bad guys when they are inside your network, continue your operations staying in business and protect high value assets like customer data – is the new gold standard,” said Rothrock, adding that “digital resilience scores – similar to credit worthiness scores – [could] provide a benchmark and support a cyberstrategy for improvement.”
RedSeal Recognized as Best Cyber Operational Risk Intelligence by GSN Homeland Security Awards Program
/by RedSealGovernment Security News | Dec 19, 2016
Government Security News announced today that RedSeal has been recognized for Best Cyber Operational Risk Intelligence as part of its 8th annual Homeland Security Awards Program.
Judging in this category is based on a combination of increase in client organization’s security, technological innovation or improvement, filling a recognized government IT security need, and the flexibility of a solution to meet current and future organizational needs.
Survey Roundup: “Naive” CEOs Put Firms at Cyberattack Risk
/by RedSealWALL STREET JOURNAL | December 16, 2016
CEO Disconnect: A survey of 200 chief executives by cybersecurity analytics firm RedSeal and data company 72 Point found 80% of the respondents operate with “cyber naiveté” that exposes their companies as ripe cyberattack targets. So while 80% of the CEOs said they were confident in their company’s cybersecurity strategies, half still prioritized the outdated view of keeping hackers out of their networks compared to 24% who are taking steps to deal with hackers who already have breached their networks.
“CEOs’ confidence reflects a disconnect with the reality of increased cyberattacks and the massive financial losses associated with them,” the survey report concluded. “In addition, their confidence is based on a strategy determined to be insufficient and out of date more than two years ago.”
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Survey: CEOs Lack Metrics, Data on Cybersecurity
/by RedSealCYBERSCOOP | December 13, 2016
More than 8 in 10 American CEOs say they plan to spend more on cybersecurity next year, even though nearly 9 in 10 say they need a better way to measure the effectiveness of what they’re already spending.
The data come from a new survey of 200 U.S. CEOs released Tuesday by RedSeal, the cybersecurity analytics firm.
Yahoo Suffers Major Data Breach Deja Vu
/by RedSealE-COMMERCE TIMES and TECHNEWS WORLD | December 16, 2016
Yahoo on Wednesday revealed that Net bandits stole data associated with 1 billion of its user accounts — one of the largest data breaches in Internet history.
The theft, which occurred in August 2013, is distinct from the theft disclosed earlier this fall, in which 500 million accounts were compromised, Yahoo CISO Bob Lord explained.
Security Central: Quest Diagnostics Suffers Breach, It’s Time to Disengage with “Security Deniers”
/by RedSealTHE VAR GUY | December 15, 2016
Our second story takes a look at the roles that the end customer and the service provider play in inadequate cybersecurity. Think back over some of the biggest hacks and security breaches that have occurred over the year. Over and over again, companies big and small across almost every industry inevitably fall victim to a cyber-attack. This begs the obvious question, “How does this keep happening?” Or, in plainer, more blunt terms, who is falling down on the job?
“CEO Cyber-Naivety” Leaves Global Organisations Exposed to Major Cyber Attacks
/by RedSealIT SECURITY GURU and IT SECURITY NEWS | 13 December 2016
New research* released today has revealed that CEOs are over confident when it comes to their cybersecurity approach, and are potentially leaving themselves at risk of attack due to outdated and unrealistic strategies. RedSeal, the cybersecurity analytics company, today released the results of a global CEO study. The results – based on the insights of Chief Executive Officers (CEOs) of 200 global companies- have demonstrated what RedSeal is calling “CEO Cyber-Naivety”, where more than 80 percent of CEOs were very confident in their firm’s cybersecurity strategies, despite the fact that security incidents have surged 66 percent year-on-year since 2009**.