Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Technology
    3. >THREE-QUARTERS (75%) OF CISOS PLAN TO INVEST IN DATA SECURITY AND INTEGRITY, YET LESS THAN HALF (44%) OF CIOS SEE SECURITY AS A PRIORITY, NEW DATA FROM THE NETWORK GROUP EVENTS SHOWS
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Technology

    Three-Quarters (75%) of Cisos Plan to Invest in Data Security and Integrity, yet Less Than Half (44%) of Cios See Security as a Priority, New Data From the Network Group Events Shows

    Published by Gbaf News

    Posted on May 13, 2017

    4 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    This image illustrates the evolving role of influencers in marketing strategies as highlighted in the impact.com report, showcasing their central position in brand-consumer interactions and the importance of authenticity.
    Visual representation of influencer marketing dynamics in brand-consumer relationships - Global Banking & Finance Review
    • Data from The Network Group Events found that 75% of CISOs would be investing in data security and integrity, whilst 64% were prioritising application security
    • However, according to new data from attendees of the Network Group Events’ Digital Transformation Network, less than half (44%) of CIOs saw security as an investment priority

    More than half of CIOs or CDOs do not plan to invest  in security even as they continue to digitise their operations, new data from The Network Group Events has revealed. The data, which is taken from a survey of attendees at the Digital Transformation Network event, found that only 44% saw security as a priority. The results show a disparity between CIOs/CDOs and their colleagues in information security, 75% of whom planned to invest in data security and integrity.

    Instead, a ‘Cloud First’ approach stood as the most important priority for IT experts, with nearly three-quarters (73%) planning to invest in cloud systems over the next 12 months. CIOs and CDOs also saw improving their mobile presence as a key objective, with 61% saying they would be investing in the area. Over half (59%) also saw using digital to harness customer data through business intelligence and analytics as their priority, whilst the same amount also said they would prioritise improving their customer experience through digital.

    Jake Summerfield, Managing Director, The Network Group Events, said:

    “More and more businesses are seeing the digitisation of their business model as the next step. In particular, the Cloud is a clear priority for CIOs and CDOs, with our data showing nearly a half of IT experts taking a ‘Cloud First’ approach and investing in this technology.

    “However, whilst digital brings opportunities to create a competitive advantage or target a different audience to seize a greater market share, it also creates challenges that experts will need to address. With cyber-attacks on the rise it is particularly concerning to see less than half of IT experts planning to invest in security. The move to digital creates a range of security threats that CIOs must address, and it is vital that they work closely with their information security colleagues to ensure that the digitisation of their business does not leave them open to a potentially catastrophic attack.”

    For more information about the Digital Transformation Network event, which takes place between 19-20 June 2017, please visit: https://thenetwork-group.com/digital-transformation-network/

    • Data from The Network Group Events found that 75% of CISOs would be investing in data security and integrity, whilst 64% were prioritising application security
    • However, according to new data from attendees of the Network Group Events’ Digital Transformation Network, less than half (44%) of CIOs saw security as an investment priority

    More than half of CIOs or CDOs do not plan to invest  in security even as they continue to digitise their operations, new data from The Network Group Events has revealed. The data, which is taken from a survey of attendees at the Digital Transformation Network event, found that only 44% saw security as a priority. The results show a disparity between CIOs/CDOs and their colleagues in information security, 75% of whom planned to invest in data security and integrity.

    Instead, a ‘Cloud First’ approach stood as the most important priority for IT experts, with nearly three-quarters (73%) planning to invest in cloud systems over the next 12 months. CIOs and CDOs also saw improving their mobile presence as a key objective, with 61% saying they would be investing in the area. Over half (59%) also saw using digital to harness customer data through business intelligence and analytics as their priority, whilst the same amount also said they would prioritise improving their customer experience through digital.

    Jake Summerfield, Managing Director, The Network Group Events, said:

    “More and more businesses are seeing the digitisation of their business model as the next step. In particular, the Cloud is a clear priority for CIOs and CDOs, with our data showing nearly a half of IT experts taking a ‘Cloud First’ approach and investing in this technology.

    “However, whilst digital brings opportunities to create a competitive advantage or target a different audience to seize a greater market share, it also creates challenges that experts will need to address. With cyber-attacks on the rise it is particularly concerning to see less than half of IT experts planning to invest in security. The move to digital creates a range of security threats that CIOs must address, and it is vital that they work closely with their information security colleagues to ensure that the digitisation of their business does not leave them open to a potentially catastrophic attack.”

    For more information about the Digital Transformation Network event, which takes place between 19-20 June 2017, please visit: https://thenetwork-group.com/digital-transformation-network/

    More from Technology

    Explore more articles in the Technology category

    Image for Innovation Through Partnership: The Role of External Tech Teams
    Innovation Through Partnership: The Role of External Tech Teams
    Image for Nominations Open for Technology Awards 2026
    Nominations Open for Technology Awards 2026
    Image for Nominations Open for Innovation Awards 2026
    Nominations Open for Innovation Awards 2026
    Image for Archie earns industry recognition across G2, Capterra, and SoftwareReviews
    Archie Earns Industry Recognition Across G2, Capterra, and SoftwareReviews
    Image for The Bankaool Transformation: How a Regional Mexican Bank Became a Fintech Disruptor
    The Bankaool Transformation: How a Regional Mexican Bank Became a FinTech Disruptor
    Image for Submit Your Entry Today for Digital Banking Awards 2026
    Submit Your Entry Today for Digital Banking Awards 2026
    Image for Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Behavioral AI in Financial Services: Moving Beyond Automation Toward Human Understanding
    Image for Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Submit Your Entry for Brand of the Year Awards Technology Bahrain 2026
    Image for Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Entries Now Open for Best Islamic Open Banking Burkina Faso APIs 2026
    Image for Entrepreneurial Discipline in the AI Economy: Insights from Dmytro Lavryniuk
    Entrepreneurial Discipline in the AI Economy: Insights From Dmytro Lavryniuk
    Image for Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Entries Now Open for Best New Digital Wallet Innovation Award 2026
    Image for Call for Entries: Best Digital Wallet 2026
    Call for Entries: Best Digital Wallet 2026
    View All Technology Posts
    Previous Technology PostThomson Reuters Onesource Brings Global Tax Intelligence to Sap Ariba, Making Tax Simple for Companies
    Next Technology PostShowpad Launches Experiences, a New Way for Sales to Engage With Customers