Cybersecurity Actions Taken by U.S. Tech Companies in Past 12 Months

Proof Point

BDO reports four in five U.S. tech companies used new software security tools and performed risk assessment to address growing cybersecurity concerns in 2017

Cybersecurity Actions Taken by U.S. Tech Companies in Past 12 Months

2018 (percentage)

Note: Data from BDO’s 2018 Technology Outlook Survey of 100 CFO’s in U.S.

Proof Point Findings

  • Software Security – More than eight in ten respondents of global accounting firm Binder Dijker Otte's (BDO) survey used new software security tools to address cybersecurity and data privacy concerns in 2017
  • Assessment and Plans – Additionally, 79% of companies performed risk assessment, while 66% created response plan for security breaches
  • Hiring Expert – Some respondents also hired experts to drive cybersecurity initiatives, such as chief security officer (37%) and external security consultant (35%)
  • Key Growth Drivers – Include increasing number and sophistication of cyberattacks globally, rising public and organizational concern for privacy and security, heightening regulatory requirements, and accelerating data security technologies

Accelerator

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Information Technology

Source

Date Last Updated

May 17, 2018

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