* The 2004 Ernst & Young Global Information Security Survey Information security is everyone’s business, but that message doesn’t always filter up to the highest level of the organization. New research from Ernst & Young finds that companies should be doing more to safeguard their data.The 2004 Ernst & Young Global Information Security Survey is based on responses from 1,233 worldwide organizations. Of these respondents, more than 70% failed to identify training and raising employee awareness of information security issues as a top initiative.Companies are generally focused on external threats such as viruses, and are putting technology measures such as firewalls and anti-virus software in place to reduce these risks. But not enough attention is being paid to internal threats.“While the public’s attention remains focused upon the external threats, companies face far greater damage from insiders’ misconduct, omissions, oversights, or an organizational culture that violates existing standards,” says Edwin Bennett, global director of Ernst & Young’s Technology and Security Risk Services. “Because many insider incidents are based on concealment, organizations often are unaware they’re being victimized.” Bennett recommends creating a security-conscious culture at the top. The CEO and the board must approach security as a way to gain competitive advantage and preserve shareholder value rather than as a necessary cost of doing business.“More could and should be done to transform the skills and awareness of their people, who often present the greatest opportunity for vulnerabilities – and convert them into its strongest layer of defense,” he says. For the complete survey results, go to https://www.ey.com/global/content.nsf/International/Home***Assistance required: Network World is planning an upcoming series of articles about the biggest non-technical threats facing IT executives and how to turn those into opportunities. Yes, we’ve already thought of outsourcing, but need your help in identifying other topics to cover. Please drop me a line at aschurr@nww.com and let me know what you see as the biggest threat to IT leaders. Related content news Dell provides $150M to develop an AI compute cluster for Imbue Helping the startup build an independent system to create foundation models may help solidify Dell’s spot alongside cloud computing giants in the race to power AI. By Elizabeth Montalbano Nov 29, 2023 4 mins Generative AI news DRAM prices slide as the semiconductor industry starts to decline TSMC is reported to be cutting production runs on its mature process nodes as a glut of older chips in the market is putting downward pricing pressure on DDR4. By Sam Reynolds Nov 29, 2023 3 mins Flash Storage Technology Industry news analysis Cisco, AWS strengthen ties between cloud-management products Combining insights from Cisco ThousandEyes and AWS into a single view can dramatically reduce problem identification and resolution time, the vendors say. By Michael Cooney Nov 28, 2023 4 mins Network Management Software Cloud Computing opinion Is anything useful happening in network management? Enterprises see the potential for AI to benefit network management, but progress so far is limited by AI’s ability to work with company-specific network data and the range of devices that AI can see. By Tom Nolle Nov 28, 2023 7 mins Generative AI Network Management Software Podcasts Videos Resources Events NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe