The State of Incident Response 2021 surveyed 400 information security and 100 legal and compliance leaders from companies with over $500M in annual revenue, identifying a lack of clarity from information security professionals about when and how to engage legal as part of an incident response. The survey also identified challenges with digital evidence preservation, breach notification readiness, a proper communication process.
With the volume and sophistication of cyber threats growing, we asked 400 information security and 100 legal and compliance leaders from companies with over $500M in annual revenue how their organizations are planning to deal with incident response. Nearly all teams plan on automating more of their IR process, but nearly half face headwinds like lack of in-house expertise, lack of proper technology, and lack of bandwidth.
We surveyed 400 information security and 100 legal and compliance leaders from companies with over $500M in annual revenue and more than half reported increased cybersecurity budgets for next year and that their executive leadership is more aware of cyber threats. However, over 40% report internal obstacles with the adoption of security processes, lack of organization-wide support, and a "bare minimum" approach to security.
Internal security teams are overwhelmed by cyber threats and finding seasoned incident response professionals is now harder and more expensive. The State of Incident Response 2021 surveyed 400 information security and 100 legal and compliance leaders from companies with over $500M in annual revenue to learn how managed detection and response vendors are incorporated into their security programs. Over 76% of organizations are relying on a third-party vendor to augment in-house capabilities, and their biggest benefit is delivering faster containment, response, and more automation capabilities.
Chris Campbell, Chief Strategist at Kroll, Michael Kiely, President of U.S. Government Affairs at UPS and John Selib, Senior Vice President, Global Policy & Public Affairs at Pfizer, discuss the impact of regulation on the life sciences industry as well as emerging hot topics.
Kroll’s third-party breach management platform cuts through the complex logistics of coordinating breach notification for a compromised entity and the consumer-facing organizations with which they work. Watch this video to see how we help clients navigate through the complexities of breach notifications with third-parties.
Kroll’s third-party breach management platform cuts through the complex logistics of coordinating breach notification for a compromised entity and the consumer-facing organizations with which they work. Watch this video to see how we help clients navigate through the complexities of breach notifications with third-parties.
Kroll collaborated with the Non-Executive Directors Association (NEDA) on a corporate reputation webinar. In this preview, Non-Executive Director and Institute of Business Ethics Associate Director Mark Chambers discusses internal threats to corporate reputation.