Survey: Web security a problem

Although they’re taking the threat of Web security breaches seriously, few of Canada’s C-level executives are worried about becoming the target of an attack anytime soon, according to the results of a national survey.

The results were made public at a security seminar hosted by IT World Canada Inc. (proprietor of ITWorldCanada.com) held in Toronto on Tuesday.

Sixty-one per cent of respondents said Internet security ranks among their top five concerns, and nearly three-quarters said they’re investing more money in security products now compared to 18 months ago.

But the poll of 150 Canadian business leaders, commissioned by Symantec Corp. and the Royal Canadian Mounted Police (RCMP), also found that few are equating those theoretical risks with day-to-day business. “A lot of organizations did not feel they were at a high risk (of attack), ” noted Andrew Bisson, director of planning and market analysis with Branham Group Inc., the Ottawa-based market research firm that conducted the study.

In February, Symantec revealed that worldwide companies averaged 30 attacks per week over a six-month period.

The survey also contradicted popular wisdom, which says companies, fearful of what could happen to their reputations, tend to keep their security breaches a closely guarded secret. It found that half of those polled – nearly 60 per cent of whom are CEOs – would have no problem admitting to a breach. Of those, 86 per cent said they would report a future breach to authorities.

Of that number, 17 per cent admitted to past breaches.

Luc Filion, officer in charge of the RCMP’s technical security branch, said he encourages companies to report security breaches regardless of their intentions.

“They should report the crime,” he said. “If they’re afraid of bad publicity, that (should be mentioned) in the initial dealings.”

“They will be more than happy to investigate anyway,” Filion added.

Respondents said firewalls, antivirus software and security standards made up the bulk of their security purchases. But Michael Murphy, general manager of Symantec in Canada, said a more “integrated” approach to security requires companies to move beyond those basics, into areas such as as intrusion detection and methodical security training.

Among the survey’s other findings:

– Respondents were almost evenly split as to whether they felt just as or more concerned about security compared to 18 months ago.

– The top three security threats were identified as malicious hackers, unauthorized access to sensitive information, and viruses.

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Featured Articles

Cybersecurity in 2024: Priorities and challenges for Canadian organizations 

By Derek Manky As predictions for 2024 point to the continued expansion...

Survey shows generative AI is a top priority for Canadian corporate leaders.

Leaders are devoting significant budget to generative AI for 2024 Canadian corporate...

Related Tech News

Tech Jobs

Our experienced team of journalists and bloggers bring you engaging in-depth interviews, videos and content targeted to IT professionals and line-of-business executives.

Tech Companies Hiring Right Now