Cyber threats spook tech companies

Recent high-profile data breaches have clearly spooked a lot of companies, many of which expect to face cyber threats in the coming year. And security executives are spending more time advising senior executives and other top business decision makers at their organization on security-related matters.

Those are among the findings of CSO’s annual State of the CSO report, which surveyed 366 security professionals online in August and September 2014.

About half of the survey respondents say their organizations have had to reevaluate their information security standards as a result of recent well-publicized attacks.

One company that’s made changes is Hargrove Inc., a provider of services for events such as trade shows. “The data breaches at Target and particularly Home Depot elevated the perception of risk to a company’s reputation,” says Barr Snyderwine, CIO. “Those examples provided a very high level of visibility of the damage to reputation as well as cost.”

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