Just one in five (22%) business decision makers feel all of their company's data is secure, according to recent research by global information security and risk management company NTT Com Security . The survey of 1000 respondents revealed that two-thirds are resigned to suffering a security breach at some point in the future, with the cost of recovering from an attack reported to start from around $1 million.


Although more than half (54%) of those surveyed said information security forms a vital part of their business strategy and 18% agreed that a weak security infrastructure is a significant risk, three in ten felt that more is spent on HR than information security.
However, the study did reveal that 13% of an organization's IT budget is now being put towards security, a slight improvement on the 10% reported in a similar survey conducted by NTT back in November 2014.

Garry Sidaway, SVP Security Strategy and Alliances at NTT Com Security, believes the findings from this latest report suggest the effects of the high-profile data breaches we saw in 2015 are starting to hit home.

NTT Com Security AG issued this content on 10 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 22 February 2016 11:59:29 UTC

Original Document: http://www.nttcomsecurity.com/en/news-and-events/press-releases/nid-00639/two-thirds-of-business-resigned-to-suffering-a-security-breach/