Recent data from security firm LogRhythm highlights the long way most companies still have to go before their cybersecurity is up to scratch. In their survey of 1,500 IT professionals, they found that just 15 percent were confident in their organization’s cybersecurity capabilities.
“These results are worrying as whilst firms have expressed concerns about the regular occurrence of data breaches hitting today’s headlines, it seems like there’s still a long way to go when it comes to addressing their own cybersecurity capabilities,”LogRhythm say. “Today’s hackers are smart, creative, and persistent enough for even the most well-equipped business to be compromised. Having the most up-to-date, sophisticated tools in place is key in combatting modern-day threats.”
While the study cites things like the need for automation to tackle the ever growing speed and complexity of threats, something they neglect to mention is the need for cooperation across the industry. That is exactly the rationale behind the creation of the Charter of Trust by German industrial giant Siemens. The charter, which was originally formed with nine members, has recently grown to 16, including AES, Airbus, Allianz, Atos, Cisco, Daimler, Dell Technologies, Deutsche Telekom, Enel, IBM, NXP, SGS, Total, and TÜV Süd.