Accenture Security Index: A Majority of Global Organizations Struggle to Identify & Fully Protect Mission Critical Assets fro...
February 16 2017 - 4:59AM
Business Wire
Index shows poor performance in critical
cybersecurity capabilities across 15 countries and 12
industries
With the frequency and scope of serious cyberattacks on the
rise, nearly three quarters of organizations (73 percent)
globally cannot identify and fully protect their corporate
high-value assets and processes, finds a new analysis from
Accenture (NYSE: ACN). According to the newly released Accenture
Security Index, only one in three organizations (34 percent)
have the ability needed to monitor for threats to critical parts of
their business.
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“A turning point has been reached for cybersecurity. While
organizations have improved their security over the last few years,
progress has not kept pace with the sophistication of highly
motivated attackers, said Kelly Bissell, managing director of
Accenture Security. “A new approach is clearly needed. One that
protects the organization from the inside out and across the entire
industry value chain—from the wellhead to the oil pump. And the
start of this must be a new, more comprehensive definition of what
constitutes cybersecurity success based on impact to the
business.”
To gauge the effectiveness of current enterprise security
efforts and the adequacy of their existing investments, Accenture
surveyed 2,000 top enterprise security practitioners representing
companies with annual revenues of $1 billion or more. The results
of this survey were analyzed in collaboration with Oxford Economics
to develop the Accenture Security Index, which aggregates scores
across 15 countries and 12 industries, providing the ability to
compare the relative strength of all organizations to protect
themselves from cyberattacks. The index is based on a comprehensive
model measuring 33 specific cybersecurity capabilities. It provides
a new benchmark to determine what high performance security looks
like and what it takes for organizations to establish cybersecurity
success.
Country-Level Performance Weak Across Important
Capabilities
- Globally, the average organization has
high performance in 11 of the 33 cybersecurity capabilities
analyzed. At the top end of the scale, only 9 percent of
organizations managed to achieve high performance in more than 25
of the 33 cybersecurity capabilities.
- In the UK, which tops the country
roster along with France for cybersecurity performance, the average
organization achieved high performance in 44 percent – or 15
out of 33 – capabilities.
- The UK ranks highest overall for
cooperation with third-parties during crisis management (52
percent) and communication of cyber incidents as part of
business alignment (55 percent).
- In comparison, Spain ranks at the
bottom of the performance list with companies claiming high
performance in only 22 percent – or seven of 33
cybersecurity capabilities.
- The US is fifth on the list, with the
typical company having high performance in 12 of the 33
capabilities. In line with its overall ranking, the US has average
performance across the remaining cybersecurity capabilities with
the exception of governance and leadership where it ranks second
overall in creating a security-minded culture (53 percent)
and cooperation with third-parties during crisis management (42
percent).
A Surprising Degree of Variation in Industry-Level
Performance
- Communication companies have the
highest performance in 11 capabilities including the protection and
recovery of key assets (49 percent) and monitoring for
business-relevant threats (47 percent).
- Banking organizations have highest
performance in eight capabilities including “what-if” threat
analysis (47 percent) and third-party cybersecurity in their
extended business ecosystem (44 percent).
- High technology companies rank highest
in seven capabilities including the ability to create a
security-minded culture (54 percent) and recovering from
cyber incidents (48 percent).
- Life Sciences organizations are
bringing up the rear with an overall ranking of only 19
percent, meaning organizations exhibited high performance in
only six capabilities on average.
- Life Sciences also rank lowest in all
but one of the 33 cybersecurity capabilities including the ability
to ensure stakeholder involvement (12 percent) and design
for the protection of key assets (13 percent).
To learn more about what good security looks like and how to
achieve it, visit: www.accenture.com/securityindex.
About Accenture
Accenture is a leading global professional services company,
providing a broad range of services and solutions in strategy,
consulting, digital, technology and operations. Combining unmatched
experience and specialized skills across more than 40 industries
and all business functions – underpinned by the world’s largest
delivery network – Accenture works at the intersection of business
and technology to help clients improve their performance and create
sustainable value for their stakeholders. With more than 394,000
people serving clients in more than 120 countries, Accenture drives
innovation to improve the way the world works and lives. Visit us
at www.accenture.com.
Accenture Security helps organizations build
resilience from the inside out, so they can confidently
focus on innovation and growth. Leveraging its global network of
cybersecurity labs, deep industry understanding across client value
chains and services that span the security lifecycle, Accenture
protects organization’s valuable assets, end-to-end. With services
that include strategy and risk management, cyber defense,
digital identity, application security and managed security,
Accenture enables businesses around the world to defend against
known sophisticated threats, and the unknown. Follow us
@AccentureSecure on Twitter or visit us at
www.accenture.com/security.
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AccentureAlison Geib, + 1
703-947-4404alison.geib@accenture.com
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