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CISOs believe cyberattacks will increase

Cybersecurity firm Fortinet said a new report by Forbes Insights has found that 84% of CISOs believe the risks of cyber attacks will increase and almost a quarter believe the capabilities of attackers are outpacing their ability to defend their organization. This issue is compounded with limited resources, including lack of sufficient budget and skilled professionals as well as a threat attack surface that is quickly expanding and becoming more sophisticated, the report added. Fortinet had commissioned the study and the report titled ‘Making Tough Choices: How CISOs Manage Escalating Threats and Limited Resources’ was released recently. The report also said security leaders understand it is critical to have the right strategies in place as they face an arms race between the capabilities of attackers and their own defense postures. The study had covered CISOs across various industries about the biggest challenges being faced by them and strategies they are putting in place to address these obstacles. Rajesh Maurya, regional vice president, India & SAARC at Fortinet, said the survey echoes the primary challenges heard directly from Fortinet customers and prospects and today’s CISOs are tasked with the challenge of allocating limited funds and resources to the highest-return cybersecurity projects which can range from breach detection to response. Through the Fortinet Security Fabric, Fortinet is providing end-to-end security so that CISOs can navigate a rapidly changing cyber threat landscape day in and day out, he added.

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