Finnish C-level executives worried about cybercrime
(Thomson Reuters ONE) -
Network security company Stonesoft publishes first Cybercrime Barometer
Helsinki, 7 May 2012 - Finnish C-level executives perceive the risks caused by
cybercrime as significant, but feel their own business operations are not
specifically under threat. This is the conclusion of Stonesoft's Cybercrime
Barometer carried out by the market research company Taloustutkimus Oy to survey
the perceptions of Finland's Top 500 companies' executive management regarding
cybercrime risks to business operations.
Finnish executives are well aware of cybercrime risks. The barometer indicates
that cybercrime risks are perceived by business executives to outweigh the risks
related to product development, technology, the business environment and
financing.
"Nevertheless, Finnish executives appear to have strong confidence in their
companies' capacity to protect themselves from cybercrime. 91% of the
respondents perceived their company's current protection as adequate," says
Stonesoft CEO Ilkka Hiidenheimo.
According to the Stonesoft Cybercrime Barometer, over 40% of the respondents
expect threats posed by cybercrime to increase at least somewhat in the next 12
months. 25% of the respondents estimated that the threats posed by cybercrime
had increased in the past 12 months. Chief Information Security Officer, whose
work is closely related to information security issues perceived cybercrime
risks as higher than other respondents.
Loss of reputation considered the number one threat
Finnish executives perceive the primary risks caused by cybercrime to be related
to reputation loss and problems involving customer data. The threat of
cybercrime paralysing business operations was not perceived as realistic.
"Information systems are more and more becoming the foundation of all business
operations. Thus, it is surprising and worrying that executives seem to ignore
the possibility of cybercrime bringing a business to its knees. If check-out
systems are offline, there won't be any sales and if the ERP system is down, the
goods will stop moving," explains Stonesoft's Chief Information Security Officer
Joona Airamo.
The barometer does indicate that Finnish businesses are taking steps to prepare
themselves for threats. During the past 12 months, there has been a slight
increase in investments in protection against cybercrime. The industries with
the largest increases in protective measures are banking, finance and insurance.
The majority of the respondents also expected to increase their investments in
protection against cybercrime over the next 12 months.
Stonesoft's Cybercrime Barometer is based on a survey carried out in March 2012
by Taloustutkimus Oy, with a total of 200 respondents representing C-level,
financial and IT management in Finnish Top 500 organizations.
Contact:
For more information, please contact:
Max Nyman
Senior Marketing Manager, Global Marketing
Stonesoft Corporation
Tel: 09 476 711
E-mail: max.nyman(AT)stonesoft.com
About Stonesoft
Stonesoft Corporation (NASDAQ OMX: SFT1V) delivers software based, dynamic and
customer driven network security solutions that secure the information flow and
simplify security management. The company's product portfolio consists of the
industry's first transformable Security Engine, standalone next generation
firewalls and intrusion prevention systems, and SSL VPN solutions. At the core
lies Stonesoft's Management Center which unifies the management of entire
networks.
Stonesoft serves private and public sector organizations requiring high
availability, ease of management, compliance, dynamic security and protection of
their critical digital assets and business continuity against today's rapidly
evolving cyber threats. Stonesoft is a recognized researcher of advanced evasion
techniques used in targeted cyber attacks to bypass security.
Stonesoft has the highest customer retention rate in the industry due to low
TCO, ease of management, and overall customer excellence. Stonesoft's customer
base covers more than 4,000 mid- or large-sized organizations across various
industries and geographical markets.
Founded in 1990, the company's track record is well recognized by certifiers,
industry analysts and demanding customers. The company's corporate headquarters
are based in Helsinki, Finland and North American headquarters in Atlanta,
Georgia. For more information, visit www.stonesoft.com.
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Stonesoft Oyj via Thomson Reuters ONE
[HUG#1609369]
Unternehmensinformation / Kurzprofil:
Datum: 07.05.2012 - 13:44 Uhr
Sprache: Deutsch
News-ID 143343
Anzahl Zeichen: 5476
contact information:
Town:
Helsinki
Kategorie:
Business News
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"Finnish C-level executives worried about cybercrime"
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