Business Leaders Have Less Than a Day a Year to Focus on Cyber Risk: Marsh, Microsoft Survey
18 9월 2019 - 9:00PM
Business Wire
Survey Highlights Gap Between Concern and
Approach to Cyber Threats
Amid a wider range of issues to handle, a majority of board
members and senior executives responsible for their organization’s
cyber risk management had less than a day in the last year to spend
focused on cyber risk issues. The findings form part of a new
report published today by Marsh, the world’s leading insurance
broker and risk adviser, and Microsoft Corp., the leading platform
and productivity company for the mobile-first, cloud-first
world.
This lack of time for senior leaders to focus on cyber risk
comes as concern over cyber threats hits an all-time high, and as
confidence in an organization’s ability to manage cyber threats has
declined, the 2019 Marsh Microsoft Global Cyber Risk Perception
Survey found. The global survey of 1,500 organizations details the
current state of cyber risk perceptions and risk management,
building on a related survey conducted in 2017.
According to this year’s survey, nearly 80% of organizations now
rank cyber risk as a top-five concern, compared to 62% in 2017.
Only 11%, however, expressed a high degree of confidence in their
ability to assess cyber threats, prevent cyber-attacks, and respond
effectively. This is down from 19% in 2017.
For many organizations, strategic cyber risk management remains
a challenge. For example, while nearly two-thirds (65%) of
organizations surveyed identified a senior executive or the board
as a main owner of cyber risk management, only 17% of c-suite
executives and board members said they spent more than a few days
in the past year focusing on the issue. More than half, 51%, spent
several hours or less.
Likewise, 88% of respondents identified their information
technology and information security functions as primary owners of
cyber risk management, yet 30% of IT respondents said they spent
only a few days or less over the last year focusing on cyber
risk.
At the same time, organizations continue to embrace new
technologies but are uncertain about the risks they bring.
Three-quarters (77%) of respondents said they are adopting or have
adopted cloud computing, robotics, or artificial intelligence, yet
only 36% say they evaluate cyber risk both before and after
adoption; 11% don’t evaluate the risk at all.
“We are well into the age of cyber risk awareness, yet too many
organizations still struggle with creating a strong cybersecurity
culture with appropriate levels for governance, prioritization,
management focus, and ownership,” said Kevin Richards, Global Head
of Cyber Risk Consulting, Marsh. “This places them at a
disadvantage both in building cyber resilience and in confronting
the increasing complex cyber landscape.”
“In the era of transformational technology and more
interconnected supply chains, the cyber risk management practices
and mindsets of yesterday no longer suffice and may actually
inhibit innovation,” said Joram Borenstein, General Manager,
Cybersecurity Solutions Group at Microsoft. “It is incumbent upon
senior leaders to focus on these issues for the welfare of their
organizations, their customers, their employees, and beyond.”
About Marsh
Marsh is the world’s leading insurance broker and risk adviser.
With over 35,000 colleagues operating in more than 130 countries,
Marsh serves commercial and individual clients with data driven
risk solutions and advisory services. Marsh is a wholly owned
subsidiary of Marsh & McLennan Companies NYSE: MMC), the
leading global professional services firm in the areas of risk,
strategy and people. With annual revenue over US$15 billion and
75,000 colleagues worldwide, MMC helps clients navigate an
increasingly dynamic and complex environment through four
market-leading firms: Marsh, Guy Carpenter, Mercer, and Oliver
Wyman. Follow Marsh on Twitter @MarshGlobal; LinkedIn; Facebook;
and YouTube, or subscribe to BRINK.
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Sally Roberts 303 952 9453 sally.roberts@marsh.com
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