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Turnaround and transformation in cybersecurity
Key findings from The Global State of Information Security? Survey 2016
Turnaround and transformation in cybersecurity: Key findings from The Global State of Information Security? Survey 2016
Table of contents
Global responses to rising risks
2
Reclaiming cybersecurity through innovation
4
The rewards of risk-based frameworks
4
Harnessing the power of cloud-enabled cybersecurity
5
The big impact of Big Data
6
Replacing passwords with advanced authentication
8
Gearing up for the Internet of Things
9
Going mobile with payments
12
Partnering up to sharpen security intelligence
13
What can’t be protected can be insured
15
The evolving involvement of executives and the Board
18
Boards are more involved in cybersecurity
19
Due diligence of cybersecurity in MAs
21
Fit for the future of cybersecurity
22
Appendix A: Responding to rising cyber-risks
24
Methodology
27
PwC cybersecurity and privacy contacts by country
28
PwC i
Global responses to rising risks
38%
Increase in detected
information security
incidents
The numbers have become numbing. Year after year, cyberattacks continue to escalate in frequency, severity and impact. Prevention and detection methods have proved largely ineffective against increasingly adept assaults, and many organizations don’t know what to do, or don’t have the resources to combat highly skilled and aggressive cybercriminals.
“Many executives are declaring cyber as
the risk that will define our generation,”
said Dennis Chesley, Global Risk
Consulting Leader for PwC.
2 Turnaround and transformation in cybersecurity: Key findings from The Global State of Information Security? Survey 2016 2
At the same time, technological change continues to disrupt how organizations compete and create value in ways that often alter operating models. Some of today’s most significant business trends— the explosion of data analytics, the digitization of business functions and a blending of service offerings acro
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