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Data theft, malware attacks are growing concern, Accenture study says

June 27, 2016

Data theft and malware attacks from within companies is a growing concern, according to a report from Accenture and HfS Research. The report’s survey found that 69% of respondents experienced an attempt or successful theft or corruption of data by insiders during the last 12 months. Media and technology organizations reported the highest rate at 77%.

In addition, corporate budget shortages for hiring cybersecurity talent and well-trained employees are hindering organizations from properly defending themselves against these attacks. The survey found 42% said they need more budget for hiring cybersecurity professionals and for training, and 54% said their current employees are underprepared to prevent security breaches.

“Our research paints a sobering picture. Security leaders believe threats are not going away, in fact they expect them to increase and hinder their ability to safeguard critical data and establish digital trust,” said Kelly Bissell, senior managing director, Accenture Security. “At the same time, while organizations want to invest in advanced cyber technologies, they simply don’t have enough budget to recruit or train skilled people to use that technology effectively.

The report’s survey included more than 200 c-level security executive and other IT professionals.