A striking new report from Trend Micro reveals significant challenges faced by UK IT security leaders in their efforts to highlight cyber risks within the boardroom. According to the research, UK cybersecurity leaders believe a financial loss of around £145,000 from a cyber incident would be necessary to spur executives into taking cyber threats more seriously.
The report “The CISO Credibility Gap,” surveyed 100 cybersecurity leaders across the UK as part of a global study. A notable 74% of respondents admitted feeling pressured to downplay the severity of cyber risks to avoid being perceived as repetitive or too negative. Among the respondents, 41% cited concerns about sounding like they were nagging, while 38% feared appearing excessively negative.
This comes in stark contrast to their identification of cybersecurity as the number one risk to their businesses. Despite acknowledging this, less than half (46%) of IT leaders trust that their executives fully understand the cyber risks their organisations face. Furthermore, 33% of respondents have been dismissed as…
