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The state of cybersecurity in South Africa, a study on enterprise privacy conducted on behalf of Intel and Dell Technologies SA, shows that organisations are taking effective steps to improve their cybersecurity, with up to 68% of research above the industry average.
Arthur Goldstuck, CEO of independent technology research firm World Wide Worx, which is conducting the study, says that was- n’t the case five years ago when only half of the respondents believed cybersecurity was an essential part of the business.
“Companies going over budget for cybersecurity looks like a positive sign, but it also increases the likelihood that budgets were undersized, to begin with,” he says.
Goldstuck, the lead analyst on the research project, revealed during a media conference that 91% of companies believe cybersecurity is important to business strategy, while the remaining 9% say it’s rather unimportant.
A key takeaway, according to Glodsstuck, is that 94% of organizations believe cybersecurity helps them effectively achieve their business goals. They also believe that 97% of their employees are more productive and consequently innovate more when they believe their data is protected.
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