HomeCII/OTEven with substantial security investment, 44% of CISOs do not identify breaches

Even with substantial security investment, 44% of CISOs do not identify breaches

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In a recent survey conducted by Gigamon, it was revealed that despite a projected global spending of $215 billion on information security by 2024, 44% of Chief Information Security Officers (CISOs) reported their inability to detect a data breach within the past year using their existing security tools. This concerning statistic highlights the challenges faced by CISOs in effectively identifying and mitigating security threats within their organizations.

One of the key issues identified by CISOs was the presence of blind spots in their security infrastructure, with 70% of respondents stating that their current tools lack the necessary visibility to detect breaches effectively. Chaim Mazal, the Chief Security Officer at Gigamon, emphasized the importance of distinguishing between acceptable and unacceptable risks in modern cybersecurity. He highlighted the critical role of visibility in securing hybrid cloud infrastructure against emerging threats and suggested that CISOs need to reassess their tool stacks and prioritize investments to enhance their security posture.

A major concern among CISOs is the prevalence of blind spots in hybrid cloud infrastructure, with 81% acknowledging the importance of gaining complete visibility into all data-in-motion. This includes the need to monitor lateral and encrypted traffic, where a significant portion of malware is known to hide. The survey indicated that 84% of CISOs prioritize gaining visibility into encrypted traffic to strengthen their security defenses.

The survey also revealed that many security teams are struggling with overinvestment in new security tools, leading to a sprawl of tools and escalating costs associated with data storage and management. As a result, 76% of CISOs reported feeling overwhelmed by the increasing volume of threats detected from numerous tools across multiple assets. This has prompted 6 in 10 CISOs to prioritize tool consolidation and optimization as a means to address blind spots in their security infrastructure.

Furthermore, CISOs expressed growing concerns about the potential implications of artificial intelligence (AI) in fueling ransomware threats globally. 83% of respondents anticipate a significant impact from AI-enabled cyberattacks in the near future. While deepfakes have garnered attention, the more immediate threat lies in the advanced capabilities that AI grants to attackers, enabling them to discover and exploit vulnerabilities at a rapid pace. In response, 46% of CISOs plan to leverage security automation and AI to bridge visibility gaps and enhance their security capabilities.

As organizations navigate complex hybrid cloud environments, the importance of deep observability in cloud security has emerged as a consensus among CISOs. 82% of respondents agree that deep observability, which provides real-time insights into network traffic based on telemetry data, is a foundational element of cloud security. This comprehensive view enables organizations to identify and mitigate cyber threats in real-time, with 85% of CISOs acknowledging the value of packet-level data and application metadata in bolstering their security posture.

The significance of comprehensive visibility is becoming increasingly recognized at the board level, with 81% of CISOs reporting discussions around deep observability as a priority for enhancing security and managing hybrid cloud infrastructure. Stephen Elliott, the group vice president of IT Operations, Observability, and CloudOps at IDC, emphasized the interconnected nature of security and observability, highlighting the role of network-derived intelligence in informing security operations and response strategies.

In conclusion, the survey findings underscore the critical need for enhanced visibility and effective security measures to combat evolving cyber threats in the digital landscape. As CISOs grapple with the challenges of maintaining a secure infrastructure, prioritizing investments in visibility tools and technologies will be paramount in strengthening organizational defenses against cyber threats.

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