Only seven percent of IT security officers report directly to the CEO

New research from SOC specialist LogRhythm reveals that only 7% of security leaders report to the CEO, and only 37% say they or someone in their security function reports to the board.

Additionally, 53% of security leaders say their senior leadership doesn’t understand their role and 51% believe they lack support from senior management.

The report, based on a survey of more than 1,400 information, technology and security leaders, also reveals that organizations spend an average of $38 million on security activities, but 63% of leaders of security respondents believe that this is insufficient to invest in the right technologies.

“While security leaders are taking on more responsibility than ever before, they lack the organizational visibility and influence needed to effectively build and scale their security programs,” said James Carder, chief security officer, LogRhythm. . “Comprehensive cybersecurity programs are integral to an organization’s success. This research should inspire CEOs to take responsibility for protecting their organization’s sensitive information, prioritize the security program by elevating the chief security officer and to ensure inroads between security decision-makers, the C-suite and the board.”

Research also shows that working from home has created major safety issues. According to 73% of respondents, less secure home networks are used by employees in their organization. While 68% say employees and contractors think the organization doesn’t monitor their activities and 67% say family members use work devices.

On top of all this, IT managers are worried about their jobs, with 54% of respondents worried about their job security, with 63% citing an insufficient budget to invest in the right technologies as a major factor.

The full report is available on the LogRhythm site.

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