Network security suffers confidence blow

A report by risk management specialist nCircle has revealed that UK board members have low expectations for network security in their firms.

A report by risk management specialist nCircle has revealed that UK board members have low expectations for network security in their firms.

The research investigated the attitudes of 293 senior managers, including company directors, MDs and CEOs, in medium to large-sized companies.

Some 38% expect to be the victims of successful network attacks in 2006, while confidence levels have not improved despite escalating budgets. Meanwhile, 74% shrug their shoulders and regard security issues as a 'fact of business life', while 38% of firms say their security defences were breached in 2005.

Kevin Lamb, director of EMEA operations at nCircle, said the research showed it was time for a new strategy for security managers, who are “not winning the fight against cybercrime nor winning the confidence of their senior managers through continual spending and diminishing returns.”

Given Lamb’s comments, getting a return on investment on security for security managers will probably be a key topic at the Infosecurity show in a couple of weeks time.

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