2x
Almost Doubled
The amount the average digital transformation budget should be increased to be more effective.
Only 29% of organizations are very prepared to address top threats related to digital transformation.
29%
Are Prepared
66% of respondents believe cyber security attacks, third party breaches, and system downtime will be their biggest threats in the next two years.
66%
Increased Downtime
Conflicting priorities between IT security teams and the C-suite create vulnerabilities
of respondents say IT security and lines of business are fully aligned with respect to achieving a secure digital transformation process.
16%
82% of respondents believe that their organizations experienced at least one data breach as a result of the rush towards digital transformation.
Digital transformation has significantly increased reliance on third parties
of respondents say the primary change to their organizations is increased migration to the cloud (a third party).
58%
of respondents say their organizations have difficulty ensuring there is a secure cloud environment.
63%
of respondents say that despite the increased risk, their organizations do not have a third-party cyber risk management program.
58%
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