According to a survey by global software technology company, Citrix, and IT research firm, Ponemon Institute, 91% of businesses in India feel their organization is at risk because of the complexity of business and IT operations. The report named ‘The Need for a New IT Security Architecture’ surveyed over 4,200 IT and IT security professionals from 15 countries and states that this number, is above the average of Asia Pacific and Japan average of 85% and the global average of 83%.
The survey covers global trends in IT security risks and reasons why security practices and policies need to evolve in order to deal with threats from disruptive technologies, cybercrime and compliance. It states that cyber security is one of the most hotly debated topics in India and quoting Gartner, describes that the IT security market in India is estimated to grow up to $1.24 billion in 2017.
Apart from complexities in IT business operations, the report states that 60% of respondents feel that employees and third parties bypass security policies and technologies because they are too complex.
“With an increasing number of traditional businesses taking the digital route, workspaces are no longer confined to the four walls of an office,” said Parag Arora, Country Head and Area Vice President, Citrix, India Subcontinent.
“While this shift has made the modern workforce more flexible and productive, it has also brought along its own set of security concerns. For modern enterprises, security management and protection of data is an integral business function and no longer an IT task.”
According to the report 72% of businesses in India say it is time for a new security framework and 44% feel that their organizations have the right policies and procedures in place to protect information assets and critical information. But still 34% feel that their organization’s senior leadership views cybersecurity as a strategic priority.
However, 63% of the respondents said that their organization’s existing security solutions were outdated and inadequate and 82% of Indian respondents said that silos are resulting in the lack of collaboration between IT security and lines of business.
With 80% of respondents stating that their companies use file sharing and document collaboration tools, only 39% of respondents said that their organization effectively reduces the inherent risk of unmanaged data. The survey states that 80% of the respondents said that organizations are still not able to control employees’ devices and apps.
About 52% in India believe that unsuccessfully deployed software is costing organizations in Asia Pacific, especially in India. The survey also stated that unapproved applications are becoming a looming risk for organizations in India, with only 35% of respondents stating that their organization effectively reduces the inherent risk of unapproved applications.