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Corporate Compliance Insights
Home Cybersecurity

Coalfire Report: Compliance in the Era of Digital Transformation

by Corporate Compliance Insights
May 14, 2020
in Cybersecurity, Whitepapers
Coalfire Report: Compliance in the Era of Digital Transformation

Global cybersecurity risk advisory and assessment provider Coalfire has just released a comprehensive new research report with data about cybersecurity compliance priorities, strategies and practices. The report summarizes findings from a survey, conducted together with global analyst consulting firm Omdia, of senior risk, security and IT executives in global organizations and reveals the need for a new approach.

Highlights include:

  • For the majority of organizations, growing compliance obligations are now consuming 40 percent or more of IT security budgets and threaten to become an unsustainable cost.
  • Compliance is already a significant barrier to business opportunities; 58 percent of companies now view compliance as a material barrier to entering new markets.
  • Positive impacts are possible; those deploying innovative approaches are seeing 40 to 50 percent savings in internal compliance resource requirements.

 

Download the report below to read more.


Tags: information security
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