CyberNews Briefs

Cybersecurity Executives Say Cost of Security Reasonable: Survey

A majority (57%) of IT security decision makers across the globe think that cybersecurity solutions are reasonably priced considering the value they provide, a new survey by FireEye indicates. In addition, a quarter (25%) of respondents said cybersecurity is inexpensive, while only 18% consider it to be expensive. In the US, the number of respondents who considered cybersecurity expensive was significantly higher at 28%. While most infosec decision makers consider cybersecurity solutions affordable, only 8% think these products are very effective when it comes to securing companies.

The study also found that just over half (51%) of respondents think their firm is not fully prepared to deal with a cyberattack, and that about one in three organizations failed to test or update their incident response plan in the past year.

Read more: Cybersecurity Executives Say Cost of Security Reasonable: Survey

OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.