Business Daily Media

The Times Real Estate

.

IT Security Leaders Are Failing to Close a Boardroom Credibility Gap

Trend Micro reveals most security bosses are pressured to soften their language

HONG KONG SAR - Media OutReach Newswire - 21 May 2024 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today revealed that four-fifths (79%) of global cybersecurity leaders have felt boardroom pressure to downplay the severity of cyber risks facing their organisation.

To read more on Trend's latest research, please visit:
https://www.trendmicro.com/explore/thecisocredibilitygap/2608-tl-en-rpt

"Over half of security leaders say cyber is their biggest business risk. But they're failing to communicate that risk in a language the board understands. As a result they're ignored, belittled and accused of nagging," said Trend Micro's Technical Director Bharat Mistry. "Unless they can engage better with senior leadership, corporate cyber-resilience will suffer. The first step is to attain a single source of truth across the attack surface."

Of those security leaders who came under pressure from their board, 43% say it is because they are seen as being repetitive or nagging and 42% that they are viewed as overly negative. A third (33%) claim they have been dismissed out of hand.

This points to a serious credibility gap, closely linked to their inability to align cyber with business risk. In fact, 46% say that when they have been able to measure the business value of their cybersecurity strategy, they've been viewed with more credibility.

Other benefits of this approach include IT security leaders being:

  • Given more responsibility (45%)
  • Seen as a more valued function (44%)
  • Given more budget (43%)
  • Brought into senior decision making (41%)

Yet at present, a persistent communication gap exists between IT and business leadership.

Only half (54%) of respondents are confident their C-suite completely understands the cyber-risks facing the organisation—a figure that has barely moved since 2021 (50%). Over a third (34%) of respondents say cybersecurity is still treated as part of IT rather than business risk.

Additionally, 80% believe that only a serious breach would incentivise the board to act more firmly on cyber risk.

The heterogeneous cybersecurity environment may be compounding these challenges. Siloed point products across the attack surface generate inconsistent data points, which can make it difficult to tell a clear story about cyber risk to the board.

Over half (58%) of respondents believe they'll need an increase in IT comms skills in order to rectify the situation. But a unified Attack Surface Risk Management (ASRM) platform could eliminate the need for such hefty investments, by delivering consistent and compelling risk insight—potentially in the form of an executive dashboard.

Hashtag: #trendmicro #trendvisionone #visionone #cybersecurity





The issuer is solely responsible for the content of this announcement.

Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.

News from Asia

VinUniversity and NTU Singapore to establish a strategic, comprehensive and long-term alliance

SINGAPORE - Media OutReach Newswire - 13 March 2025 - VinUniversity (VinUni) and Nanyang Technological University (NTU – Singapore) have officially signed a Memorandum of Understanding (MOU) to e...

Kind+Jugend ASEAN 2025: The Premier Gateway to Southeast Asia’s Booming Maternity & Baby Market

Meet Buyers. Expand Markets. Unlock Opportunities. BANGKOK, THAILAND - Media OutReach Newswire - 14 March 2025 - Kind+Jugend ASEAN 2025, the region's largest trade fair for maternity, baby, and ...

Liverpool FC welcomes Visit Maldives to its global partnership portfolio

LIVERPOOL, UK - Media OutReach Newswire - 14 March 2025 - Liverpool FC has agreed a multi-year global partnership with Visit Maldives, making it the club's official tourist destination partner. ...

MSIG expands Political Risk and Trade Credit capabilities in Hong Kong and Singapore through strategic collaboration with its USA office

HONG KONG SAR - Media OutReach Newswire - 14 March 2025 - MSIG Hong Kong and MSIG Singapore have jointly announced a strategic collaboration with MSIG USA to strengthen its political risk and tra...

Prudence Foundation launches 2025 Disaster Tech Awards and partnership with AVPN

Awards and partnership to drive innovation and investment in climate and health resilience HONG KONG SAR - Media OutReach Newswire - 14 March 2025 - Prudence Foundation, the community investment ...

Finexcellent Ramadan: Trade, Learn, and Give Back

JAKARTA, INDONESIA - Media OutReach Newswire - 14 March 2025 - Finex, an acclaimed Indonesian broker, has launched a 2025 Ramadan promotion. Titled Finexcellent Ramadan, the promo takes Finex tra...

Trend Micro Ranked #1 Channel Champion by Canalys

Recognized for “go-to-market innovation and consistent partner engagement” HONG KONG SAR - Media OutReach Newswire - 14 March 2025 - Cybersecurity giant Trend Micro Incorporated (TYO: 4704; TSE: ...

British Council East Asia Education Week 2025 Strengthening UK-East Asia higher education partnerships

UK Vice-Chancellors, UK alumni and East Asia leaders convene in Hong Kong to shape the future of mobility, research, and innovation partnerships. HONG KONG SAR - Media OutReach Newswire - 14 March...

Calling Global Startups! EPIC 2025 Opens Application with US$100M Investment Up for Grabs

HONG KONG SAR - Media OutReach Newswire - 14 March 2025 – Hong Kong Science and Technology Parks Corporation (HKSTP) is excited to announce the 9th edition of the Elevator Pitch International Comp...

High Marks for Hong Kong’s University Degree Courses

HONG KONG SAR - Media OutReach Neswire - 14 March 2025 - Hong Kong has emerged as the world's "most improved" location for university degree courses, reflecting the determination of the Hong Kong ...

NextOre Unveils World First MR Analyser for Underground Copper Trucks

NextOre, a global leader in  Magnetic Resonance (MR)-enabled bulk ore sorting technology, has now made its world first sensor system available for...

Incode joins Australia’s Age Assurance Technology Trial to protect children online

With a market-leading +99% accuracy rate, Incode will play a key role in safeguarding Aussie minors on social media Incode Technologies Inc., a...

Empowering small businesses: Localsearch rolls out affordable digital solutions

New suite of digital solutions designed to boost visibility, engagement, and customer acquisition In response to a rapidly evolving digital lan...

Why Responsible Leadership is a Competitive Advantage for Small Businesses

In today’s fast-changing business landscape, leadership is evolving. While large corporations are reassessing their diversity, equity, and inclusi...

Why it’s a great time to include the EU in your export push

With the US market beset with unknowns, training your sights on mainland Europe in 2025 makes sound sense. Wondering whether the introduction o...

Success Isn’t About Labels—It’s About Mindset

In the lead up to International Women’s Day, I’ve been reflecting on my own success as a business owner and whether or not being a woman has playe...

Sell by LayBy