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Attention to security is growing, but digital threats run too fast.
Though Cybercrime is rapidly expanding, only one fifth of enterprises has defined information security strategies and tangible plans. Security management awareness increases, as does businesses’ average budget (7%), but expenditure decisions are influenced primarily by legislative compliance. Security investments in emerging digital sectors including cloud and mobile are still limited.
Over the past 12 months one third of companies underwent a data loss or theft. Main sources of attack are external, operated by criminal organizations, others are internal, by company employees. Malware, phishing, spam, ransomware attacks and fraud are the most frequent.
Security strategies require the introduction of management positions, but only 42% of enterprises has established a Chief Information Security Officer. Only 21% has formally introduced a Data Protection Officer to manage privacy
In 2016 the information security solutions market in Italy increased by 5% compared to the previous year, indicating a rising awareness of businesses regarding the need for a long (...)
The results presented are drawn from four main Research activities of the Hi-tech Startup Observatory of the School of Management of the Politecnico di Milano (in collaboration with (...)