ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

2024 CDW Cybersecurity Research Report: Zero Trust, Employee Training Among the Critical Cybersecurity Strategies for Organizations

By: via Business Wire

CDW’s security report highlights the importance of organizational buy-in, improved readiness and visibility across the cybersecurity landscape.

CDW (Nasdaq: CDW), a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada, today announced its release of the “2024 CDW Cybersecurity Research Report.” The report examined the successes and struggles that organizations across industries experienced as they assess cybersecurity readiness in the modern technology ecosystem. The survey of more than 950 U.S. technology and security professionals offered several insights.

The cybersecurity landscape is constantly advancing and undergoing significant shifts driven by evolving threats, technological advancements and changing market dynamics. 88 percent of respondents said they are somewhat (50 percent) or very (38 percent) confident that they have sufficient visibility into their cybersecurity posture. Of those who were very confident, 61 percent indicated that identity and access management (IAM) solutions were very effective in enhancing visibility into their environment. Despite the confidence around visibility, about half (49 percent) of respondents still feel only somewhat prepared to handle a breach.

“Overall, this study reinforces the importance of maintaining cybersecurity vigilance through a multi-layer approach,” said Stephanie Hagopian, vice president of security at CDW. “As the survey data shows, and what we see with our customers, keeping pace with the threat landscape and leveraging IAM solutions help improve visibility and enhance control over access to critical systems, but only represent one vector within a multi-faceted security strategy. The best approach also requires multiple security tools and platforms to effectively defend and protect against threats. It’s ultimately the combination of these elements into a comprehensive strategy that drives confidence, the right outcomes and ultimately reduces risk.”

One aspect of critical strategy for cybersecurity is zero trust. Survey results indicated that over 41 percent of respondents have reached an advanced level of maturity in their zero-trust journey, yet just 12 percent reported feeling that they have achieved an optimal level. Additionally, more than 43 percent of respondents indicated they had suffered a breach costing between $1 million and $10 million in downtime.

“These results are aligned with what we’ve been seeing over the past couple years,” said Buck Bell, director of CDW’s Global Security Strategy Office. “Organizations are operating under the assumption that even if they haven’t been compromised, a breach is likely inevitable at one point or another. In a sense, that’s the entire basis of zero-trust.”

The 2024 CDW Cybersecurity Research Report found that insufficient or ineffective employee cybersecurity training (31 percent) and budgetary resources (27 percent) are two of the biggest items missing from respondents’ cybersecurity approach. In making the case for funding, 76 percent of respondents indicated that showing the cost of a data breach was an effective method in making the case for additional investments in cybersecurity.

"CDW and its customers tackle these issues daily, working together to build resilience strategies, stay a step ahead of the evolving landscape and successfully deliver on business outcomes,” said Bell. “By applying a more holistic view of the enterprise, and examining cyber risks as business risks, we're able to help customers better quantify the potential impacts and evaluate solutions through a risk lens with both business needs and financial impacts in mind."

Please visit CDW.com/2024CybersecurityReport for a copy of the complete report. For more information about CDW’s cybersecurity capabilities and offerings, please visit CDW.com.

About CDW

CDW Corporation is a leading multi-brand provider of information technology solutions to business, government, education and healthcare customers in the United States, the United Kingdom and Canada. A Fortune 500 company and member of the S&P 500 Index, CDW helps its customers to navigate an increasingly complex IT market and maximize return on their technology investments. For additional information, please visit www.CDW.com.

CDWPR-CO

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.