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After data breaches, companies still nonchalant about cybersecurity

The number of major data breaches may be rising, but many companies are still rather nonchalant about cybersecurity

Michael Hatamoto | Feb 22, 2015 at 10:30 am CST (0 mins, 50 secs time to read)

Company executives have observed Target, JPMorgan Chase, Home Depot, Anthem, and other major companies suffer devastating data breaches - and understand they need stronger cybersecurity protocols - but actually deploying new methods has been rather slow.

After data breaches, companies still nonchalant about cybersecurity | TweakTown.com

Seventy eight percent of company tech executives have not been briefed regarding internal security strategies within the past 12 months, according to a Raytheon survey. In addition, 75 percent said cybersecurity is a necessary cost, but only 25 percent of survey respondents said security is a strategic priority.

"The Target hack was very interesting," said Jack Harrington, VP of cybersecurity and special missions of Raytheon, in a statement published by the Christian Science Monitor. "It raised awareness across the entire retail industry certainly," but demand for chief information security officer (CISO) positions wasn't' a priority. "That tells you they felt they didn't even need that position. They just didn't feel at risk."

More companies will suffer crippling cyberattacks, and potential data breaches, especially if executives are unwilling to take security more seriously.

Last updated: Apr 6, 2020 at 08:45 pm CDT

Michael Hatamoto

ABOUT THE AUTHOR - Michael Hatamoto

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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