Pentesting accounts for an average of 13% of total IT security budgets

Pentesting accounts for an average of 13% of total IT security budgets

A report by Pentera has revealed that enterprises continue to emphasize pentesting as a tool for security validation strategies. Among surveyed respondents, pentesting takes up an average of 13% of the security team’s budget, or an average of $164,400. The report surveyed 450 CIOs, CISOs and IT security leaders to gather this data, shedding light on how enterprises are approaching security validation.  As breach efforts from malicious actors continue to evolve, the subsequent losses from…

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3 tips to help bridge the gap between identity and security teams

3 tips to help bridge the gap between identity and security teams

Every year, we see the lines continue to blur between IT, operations and security teams, with many functions traditionally sitting with the CIO that may be better suited with the CISO — or at least need a dotted line to the security team. One such function is identity. Identity and Access Management traditionally manages access to systems, databases, devices, the cloud, SASS applications, remote access, multi-factor authentication (MFA) and account privileges rather than focusing on…

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Ossie Munroe | Top Cybersecurity Leaders 2024

Ossie Munroe | Top Cybersecurity Leaders 2024

While Ossie Munroe is relatively new to the security industry, his career at Bloomberg spans three decades. Munroe joined the organization in 1990, moving through a variety of positions before transitioning into the security field in 2013. “While my career journey within Bloomberg has seen me move between five departments since my start at the company, that bares no reflection on the company’s culture for internal career changes. Instead, this decision was driven mostly by…

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Sustainability: From Strategy to Reality

Sustainability: From Strategy to Reality

There’s no questioning the importance of sustainability, and IT leaders at organizations of all sizes are working to understand the impact. We sat down with IT leaders to get answers on what they are doing right now to help build a more sustainable future. From large organizations like Amazon to mid-sized London clinics and beyond, sustainability is everyone’s responsibility, at every level. A more sustainable future can be realized by coming to grips with your…

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2024 Healthcare Cybersecurity: Mastering The Fundamentals

2024 Healthcare Cybersecurity: Mastering The Fundamentals

2024 text written on a multi colored flowing binary code background. New Year 2024 celebration … [+] concept. getty In 2024, the healthcare industry faces a critical need to enhance cybersecurity. With an average cost of $1.3 million per cyberattack, healthcare organizations must move beyond chasing the latest trends and fortify their basic security posture. This year’s cybersecurity incident in one of the largest healthcare organizations underscores the shift of cybersecurity from a mere option…

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Why CISOs and CIOs Should Work Together More Closely

Why CISOs and CIOs Should Work Together More Closely

Although there are overlaps in the goals and responsibilities of the CIO and the CISO, there are also challenges that get in the way of a more cohesive relationship, including reporting lines, organizational structures, budgets, and risk appetites. If they don’t overcome these challenges, they’ll stall the technology from achieving its full potential, silos will persist, and the rifts will widen. What’s the aim? Unite these two executive leaders under a common purpose. A panel…

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Australian CEOs Struggling to Face Cyber Risk Realities

Australian CEOs Struggling to Face Cyber Risk Realities

Image: ImageFlow/Adobe Stock Fear and the more technical aspects of cybersecurity are still stopping Australian CEOs from engaging more deeply with cybersecurity risks, despite a string of high-profile cyberattacks that have hit Australian brands, including Optus and Medibank and millions of their customers. New research from consulting firm Accenture found that only one in five (19%) of Australian CEOs are currently dedicating board meetings to discussing cybersecurity issues, while 34% think cybersecurity isn’t a strategic…

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