Intelligent CIO APAC Issue 51 | Page 24

TRENDING
effectiveness within the business . The study presents findings from 1,176 cybersecurity professionals and executives globally , including Singapore , Malaysia , Indonesia , Japan , India and Australia and New Zealand in the APAC region .
In response to the dynamic threat landscape , 76 % of ANZ respondents highlighted that they have changed their company security strategy in the last 12 months . Use of AI for threat management and new security solutions was cited as the primary driver for change in Australia and New Zealand by 67 % of respondents , with Indonesia leading this trend at 86 %, the highest in APAC . Other reasons include changing regulations or compliance requirements ( 58 %), new attack types ( 60 %), and budget changes ( 35 %). there remains a gap in communication between security teams and non-security executives . This disparity exists despite ANZ cybersecurity teams , indicating that 75 % cent possess the right tools to easily communicate the current security status to key stakeholders across teams .
Specifically , 19 % of ANZ respondents faced difficulties in conveying the importance of particular security measures to non-technical executives . Meanwhile , only half of respondents agreed that non-security executives understand the company ’ s regulatory obligations . This communication barrier can result in misunderstandings regarding the value of investments in cybersecurity , potentially impacting the organisation ' s readiness and response capabilities .
Communication gap remains between security teams and non-security executives
The study also uncovered a rise in expectation for senior leaders to be accountable for security breaches , with 49 % stating that cybersecurity leaders and CEOs should ultimately bear the responsibility for protecting against and responding to cyber incidents . The findings give credence that cybersecurity is now recognised as an integral component of business strategy and corporate governance , shifting away from its previous perception as a purely technical concern .
Budgets are increasing , yet metrics to measure impact are lacking
As businesses strive to protect themselves from evolving threats , their investments in cybersecurity are mirroring this effort . Sixty-four per cent of ANZ respondents have noted an increase in their company ’ s cybersecurity budget in response to the changing threat landscape , lower than the global average of 76 %. Furthermore , 75 % expressed confidence in having the necessary resources – such as tools , personnel , expertise , and budget – to safeguard their company from cyberattacks .
However , while executives are now expected to have greater responsibility over cybersecurity breaches ,
When assessing the impact of these investments , security teams who experienced challenges in
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