IT bosses ‘kept awake at night’ by cyber security worries, new study finds
Cyber security has moved into first place on the list of IT leaders’ biggest concerns, an annual survey has found.
Each year BCS, The Chartered Institute for IT asks its members to reveal details of their major professional priorities and the solutions needed.
18% said cyber security was top of their to-do list, moving it to the number one spot this year, going past Cloud computing (16%) and remaining above AI and automation technologies (14%).
The finding was confirmed by the question ‘What keeps you awake at night?’ to which over 35% put the cyber security issue above any other, ahead of ‘pace of change’ with 15%.
Looming threats IT managers said were occupying them included: ‘industrial espionage’, ‘data sovereignty post-Brexit’, ‘a sophisticated and advanced cyber attack’, and ‘a single error on a public site causing widespread disruption or data breach.’
The results come as The National Cyber Security Centre, part of GCHQ, highlights a spike in cyber attacks since the spread of the Coronavirus.
The Institute’s members, who include Directors in financial services, defence and telecoms, said improving the IT skills of the whole workforce was the most urgent action needed to address the problem, followed by increasing budgets.
Two-thirds said organisations’ use of personal data had had a negative impact on public trust in the IT industry, and nearly half thought cyber security issues had also reduced credibility.
Paul Fletcher, Chief Executive of BCS said:
“Our members work at the forefront of major organisations where malicious exploitation of the Coronavirus pandemic is adding to issues like the increased vulnerability of 5G, data breaches and regulatory uncertainty post-Brexit; all are combining to make cyber security the top priority.
“Beyond direct financial losses, cyber attacks also pose long-term reputational and legal risks for organisations. IT Leaders know true data security is as much about professionalism and people as it is about the tech, and investment in staff development is the single biggest thing that can be done to mitigate these risks.”
More than 300 IT leaders responded to BCS, The Chartered Institute for IT’s annual survey of their views on the near-term future of the industry.
The study was conducted online during the period 9 December 2019 to 7 January 2020.
BCS is currently carrying out of a survey of professionals working in digital aspects of health and social care about their views on readiness to handle the Covid-19 outbreak.
It is also analysing results of a survey on diversity and inclusion, as part of its programme of policy and research for the industry and will publish the results in summer.
Latest News from
Contact tracing app is safe but plans to rate users’ lifestyles for risk are ‘alarming’, says leading software testing group28/09/2020 15:10:00
A planned development to the NHS Contact Tracing app which will score users’ lifestyles for COVID-19 risk is ‘alarming’ and needs clarity, software testers have warned.
Record numbers of women in IT - but black women still under-represented, new research finds23/09/2020 13:38:00
More women than ever are working in IT roles across the UK (326,000 in total) and now make up a record 20% share of the specialist IT workforce – according to new analysis from BCS, The Chartered Institute for IT.
The public don’t trust computer algorithms to make decisions about them, survey finds08/09/2020 13:20:00
The majority of people do not trust computers to make decisions about any aspect of their lives, according to a new survey.
Algorithms must meet ethical and professional standards to recover public trust, report recommends01/09/2020 14:10:00
Algorithms that change people’s lives - for example when estimating students’ grades - should now meet strict standards of ethics and competence, according to a new report by the professional body for IT.
Diversity in Tech – The Awkward Conversation26/08/2020 14:05:00
IT leaders and policy makers need to create more diverse and inclusive teams - that’s the conclusion of a recent webinar held by BCS, The Chartered Institute for IT.
IT Early Career professionals to get more support from BCS24/08/2020 14:10:00
A new initiative to support people in the early stages of their working lives within the digital industries been launched by BCS, The Chartered Institute for IT.
Challenges set by 'Schrems 2' personal data ruling 'won’t go away' after Brexit, Institute for IT warns19/08/2020 12:20:00
The EU‘s ‘Schrems 2’ judgement – which ruled that the Privacy Shield Framework cannot be used for transferring personal data between the EU and US - demands ‘prompt action’ from UK organisations, the professional body for IT has warned.
Challenges set by ‘Schrems 2’ personal data ruling ‘won’t go away’ after Brexit, Institute for IT warns18/08/2020 13:10:00
The EU‘s ‘Schrems 2’ judgement - which ruled that the Privacy Shield Framework cannot be used for transferring personal data between the EU and US - demands ‘prompt action’ from UK organisations, the professional body for IT has warned.