FICO Survey: US Firms May be Overconfident About Cybersecurity Protection
Highlights:
- 54 percent of US firms surveyed said they are better prepared for data breaches than their competitors.
- Telecommunications respondents were most confident, with 55 percent claiming they are top performers and an additional 36 percent rating their firms above average.
- Healthcare firms were least confident, with 48 percent responding that their standards are below average or they don't know how they rate against competitors.
- Ovum conducted telephone surveys for FICO of security executives at 350 companies in the US and other countries.
Senior executives at US firms may be overconfident in their cybersecurity protection, according to a new survey conducted by research and consultancy firm Ovum for
More information: http://subscribe.fico.com/cybersecurity-views-from-the-c-suite
Telecommunications providers were the most confident of all. Ninety-one percent of respondents said they were better prepared than their competitors, with 55 percent calling their firm a top performer.
Healthcare institutions, in contrast, showed the least amount of confidence in their protection, with 32 percent unsure of how they stack up against competitors and 16 percent rating their firm below industry average, while only 11 percent rated their firm above average.
"The danger in overconfidence is that it can impact investment," said
Ovum conducted the survey for FICO through telephone interviews with 350 CXOs and senior security officers in the US,
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About Ovum
Ovum is a market-leading research and consulting firm focused on helping digital service providers and their vendor partners thrive in the connected digital economy. Through its 150 analysts worldwide, it offers expert analysis and strategic insight across the IT, telecoms, and media industries. Founded in 1985, Ovum has one of the most experienced analyst teams in the industry and is a respected source of guidance for technology business leaders, CIOs, vendors, service providers, and regulators looking for comprehensive, accurate, and insightful market data, research, and consulting. With 23 offices across six continents, Ovum offers a truly global perspective on technology and media markets and provides thousands of clients with insight including workflow tools, forecasts, surveys, market assessments, technology audits, and opinion.
Ovum is part of the
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SOURCE FICO
Media: Matt Houser for FICO, Voce Communications, +1 510-932-7330, FICOTeam@vocecomm.com