CSOs exchange ideas

Opinion
Jun 28, 20052 mins

* Chief security officers get together at CSO Interchange to address their IT security concerns

More than 60 chief security officers last week gathered at CSO Interchange in Chicago to address their IT security concerns. Among them, inadvertent loss of data and social engineering attacks top the list.

Almost all of the executives polled at the event feel confident that they are adept at combating spam, worms and viruses, denial of service attacks and hacker attacks. But 80% say their organizations are least prepared to prevent inadvertent loss of data, social engineering and inappropriate use.

Here are some of the other findings:

* A full 75% of participants said their jobs have become more difficult or substantially more difficult than they were last year.

* Compliance concerns loom larger, as 64% of CSOs surveyed are more concerned about it this year than they were last year. What’s more, 38% said their budgets for compliance solutions grew during the past year.

* Nearly three-quarters (74%) said their organizations must comply with more than five laws and regulations.

* However, 68% said their security budget is less than 10% of the total IT budget.

* 83% outsource less than 10% of their secuirty, while 40% do not outsource security processes at all.

* A full 70% feel they don’t receive sufficient early warning for cyberattacks.

CSO Interchange was founded by former White House advisor Howard Schmidt and Qualys CEO Philippe Courtot. “The goal of CSO Interchange is to provide an environment where security executives can interact with their peers,  share best practices and freely discuss the issues they face,” says Schmidt. “Sharing information about security issues and openly discussing solutions helps security professionals make more informed decisions that will

better protect the organizations and the customers they serve.”

For more information about the CSO Interchange, go to http://www.csointerchange.org