Challenges with Data Weaken Cybersecurity Posture for Government Agencies
December 14 2022 - 8:00AM
Business Wire
Splunk Survey Reveals More than Half of Public
and Private Sectors Report Difficulties Leveraging Data to Inform
Cybersecurity Decisions
Public sector organizations are more likely to struggle with
leveraging data to detect and prevent threats than their private
sector counterparts (63% to 49%), ultimately affecting their
cybersecurity readiness. That’s according to a survey commissioned
by Splunk Inc. (NASDAQ: SPLK), the data platform leader for
security and observability.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20221214005065/en/
The survey found two-thirds (66%) of public sector agencies have
difficulties leveraging data to mitigate and recover from
cybersecurity incidents and half (52%) of the sector have issues
leveraging data to inform cybersecurity decisions. This visibility
challenge was also relatively high within the private sector,
sharing a similar majority opinion (56% and 50%), showcasing
consistency across industries. Another area of concern, both
private and public sector respondents noted disparate data sets
inhibit agility and real-time response to security events (84%
private sector and 56% of public sector).
These data challenges also directly impact partnerships between
the public and private sectors and their ability to share
intelligence. For example, nearly half of public sector
organizations (44%) believe the shared intelligence available to
them is lacking for their cybersecurity needs. However, both public
and private sector organizations agree on three benefits of
intelligence sharing:
- Improved agility (36% public & 44% private)
- Greater visibility (32% public & 34% private)
- Targeted preventative and proactive measures (29% public &
23% private)
There is also alignment on what is most important to share
[insights or information on]:
- Threat intelligence and actors (69% public and 63%
private)
- Real-time information on security events (60% public and 69%
private)
- Cybersecurity training materials and best practices (79% public
and 68% private)
- Benchmarked data (36% public and 31% private)
In light of this, the public and private sectors share similar
cybersecurity priorities, including:
- Improving threat response/remediation (55% public and 53%
private)
- Improving detection of emerging threats (49% public and 47%
private)
- Improving user security awareness (46% public and 50%
private)
“At the core, security is a data problem and organizations are
missing a foundational piece of their security strategy when they
cannot leverage their data,” said Bill Rowan, VP Public Sector,
Splunk. “All organizations — both private and public — have a
responsibility to citizens and customers to enable cyber resiliency
and that can be done by having clear visibility and understanding
of data. These shared challenges and priorities should translate
into better threat intelligence sharing and security practices
across all sectors.”
When looking ahead, both public and private sector organizations
plan a wide-array of investments to address these cybersecurity
priorities. The top investments include:
- Monitoring/alerting (60% public and 59% private)
- Threat intelligence (44% public and 46% private), and
- Security assessments (40% public and 45% private)
However, it is important to note private sector respondents are
more likely to be planning investments in security orchestration,
automation and response (SOAR), centralized log management, and
observability.
For more insights and recommendations from the 2022 Public
Sector Survey, please visit the Splunk website.
Methodology
Foundry Research conducted an online survey in late
October/early November among 210 U.S-based individuals on the topic
of leveraging data to improve cybersecurity posture. All
respondents work in IT and IT/data security management roles, and
they represented an even split between public and private sectors.
Average organization size was 5,643 employees.
About Splunk, Inc.
Splunk Inc. (NASDAQ: SPLK) helps organizations around the world
turn data into doing. Splunk technology is designed to investigate,
monitor, analyze and act on data at any scale.
Splunk, Splunk>, Data-to-Everything and Turn Data Into Doing
are trademarks and registered trademarks of Splunk Inc. in the
United States and other countries. All other brand names, product
names, or trademarks belong to their respective owners. © 2022
Splunk Inc. All rights reserved.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20221214005065/en/
For more information, please contact:
Media Contact Nicole Greggs Splunk Inc.
press@splunk.com
Investor Contact Ken Tinsley Splunk Inc.
IR@splunk.com
Splunk (NASDAQ:SPLK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Splunk (NASDAQ:SPLK)
Historical Stock Chart
From Jul 2023 to Jul 2024