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Cyphort-Ponemon Study: 34% of Senior Execs Unaware of Their Firms’ Cybersecurity Challenges

Cyphort-Ponemon Study: 34% of Senior Execs Unaware of Their Firms' Cybersecurity Challenges - top government contractors - best government contracting event
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cybersecurityA Cyphort-commissioned survey indicates about 34 percent of C-level corporate executives lack awareness about cyber threats to their companies’ information technology systems.

Ponemon Institute polled 597 IT leaders across the U.S. private sector for Cyphort’s “State of Malware Detection & Prevention” report and found that 39 percent of respondents said their firms do not have intelligence data they can use to convince CEOs to prioritize cybersecurity, Cyphort said Wednesday.

“Companies are still struggling to have an effective strategy to prevent and detect malware and advanced threats,” said Larry Ponemon.

Twenty-one percent of IT professionals unveiled it can take one to two years for their companies to detect a sophisticated attack and 27 percent said their companies’ breach containment efforts can take up to six months to complete.

The study also showed security operations teams investigate an average of 29 percent of malware alerts they receive and about 40 percent of those detections are flagged as erroneous.

“One recommendation is for organizations to significantly reduce the time spent on false positives and irrelevant threats in their network,” Ponemon added.

He also urged companies to adopt integrated technology that combines network sandboxing and behavior anomaly analysis tools.

California-based Cyphort has developed technology that seeks to help enterprises detect advanced persistent threats, correlate threat signals and eliminate noise from red herrings and false alarms.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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