Global Banking & Finance Review interview Garry Sidaway, SVP Security Strategy at NTT Com Security to discuss key findings and the relevance for businesses from the company’s global Risk:Value index report, which looks at the level of risk within large organisations and the value that senior executives place on data security.
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NTT Com Security Global Study
Published by Uma Rajagopal
Posted on December 11, 2014
1 min readKey Takeaways
- Senior business leaders often perceive data security as low priority compared to competitive threats or financial pressures.
- A significant portion of executives expect security breaches yet underestimate their business impact.
- Many organizations view data security as an IT-only issue, rather than a company-wide responsibility.
References
Frequently Asked Questions
What is the Risk:Value index report?
A global study by NTT Com Security measuring how senior non‑IT executives perceive organizational risk and the value of data security.
Which regions were included in the NTT Com Security study?
The survey covered executives from Australia, France, Germany, Hong Kong, Norway, Sweden, UK and US.
What concerning attitude did the study reveal about breaches?
63% expect a data breach but 17% believe it would have no impact, showing underestimation of consequences.
Who did many executives see as responsible for data security?
Over half—51%—considered secure data access solely an IT department responsibility.
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