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All Press Releases for April 22, 2008 Subscribe to this News Feed      
 

Worries Over Corporate Reputation Making Information Security a Top Priority Worldwide, Study Says

(ISC)2® 2008 Global Information Security Workforce Study Also Reveals Professions Growing Influence and Small Business Embracing Security

LONDON (Business Wire EON) April 22, 2008 -- Avoiding reputation damage to the organization was viewed as a top priority for security programs by three-quarters of information security professionals surveyed in a worldwide study launched today by (ISC)2® (ISC-squared), the non-profit global leader in educating and certifying information security professionals throughout their careers.

Opportunities in the information security field will continue to grow despite slower economic growth worldwide due to the increased pressure on professionals to ensure responsible and secure business interactions coming from consumers, B2B customers, strategic partners and regulatory bodies.
The 2008 Global Information Security Workforce Study (GISWS) was conducted by analyst firm Frost & Sullivan on behalf of (ISC)². It surveyed 7,548 information security professionals, including over 1,500 C-suite executives and security managers, as well as IT and other professionals with responsibility for information security, from companies and public sector organizations in more than 100 countries. Respondents came from the three major regions of the world: Americas (41 percent); Asia-Pacific (34 percent); and Europe, Middle East and Africa (EMEA) (25 percent). Web-based surveys were distributed to targeted information security respondents worldwide in the third quarter of 2007.

News Image This fourth edition of the study demonstrates more than ever before that information security has become a business imperative for organizations of all sizes, with far-reaching concerns such as corporate reputation, the privacy of customer data, identity theft, and breach of laws and regulations driving information security governance, said Rob Ayoub, Frost & Sullivan industry manager, network security.

Pressure over data loss and compliance has driven accountability for information security to the executive level, with 49 percent of information security professionals reporting to executive management or boards of directors. Other study highlights include:

  • Smaller organizations (up to 500 employees) accounted for nearly 60 percent of respondents, signifying a move from security as a priority for mostly larger organizations to organizations of all sizes due to business requirements and compliance, including the impact of the payment card industrys PCI-DSS.
  • A third of respondents said their primary functional responsibilities are mostly managerial. An additional 48 percent also reported that their functional responsibilities will be mostly managerial in the next two to three years, suggesting a changing focus in their roles.
  • Approximately 20 percent of respondents were at the executive (Chief Information Officer, Chief Information Security Officer, Chief Security Officer, Chief Risk Officer) or manager level.
  • Communications skills were seen as very important or important by 81 percent of respondents to be a successful professional. Business skills were also seen as very important or important by 69 percent of respondents.
  • Information security is moving beyond the perimeter and becoming more data-focused, protecting data both at rest and in transit, with wireless security solutions, cryptography, storage security and biometrics represented in the top five technologies being deployed in most regions.
  • Information security awareness is appreciated as a significant factor in effective information security management: Users following information security policy was identified as the most important factor in a security professionals ability to protect the organization. In addition, 51 percent of respondents identified internal employees as the biggest threat to their organizations.
  • Globally, average annual salaries for professionals with at least five years of experience are reported at US$94,500 for respondents identifying themselves as members of (ISC)2 and US$73,856 for all other participants. The majority of (ISC)2 members (70 percent) considered themselves to be information security professionals; the majority of non-members (66 percent) to be information technology professionals.
  • The profession is maturing, with average experience levels reported at 9.5 years in the Americas, 7.1 years in Asia-Pacific, and 8.3 years in EMEA. Professionals across all regions also reported high levels of post-secondary education.

This years study acknowledges that effective information security programs enable businesses to grow and prosper, said Eddie Zeitler, CISSP, executive director of (ISC)2. Consequently, professionals are being tasked more with the business of security, managing and consulting on its broad contribution to the business, while the administration of technical solutions is being integrated into the IT department.

Zeitler added, Opportunities in the information security field will continue to grow despite slower economic growth worldwide due to the increased pressure on professionals to ensure responsible and secure business interactions coming from consumers, B2B customers, strategic partners and regulatory bodies.

Frost & Sullivan estimates the number of information security professionals worldwide to be approximately 1.66 million. This figure is expected to increase to almost 2.7 million professionals by 2012, displaying a compound annual growth rate (CAGR) of 10 percent. A strong outlook is also depicted for professional development in the sector, with the great majority of respondents expecting either stability or an increase in training budgets. Other highlights include:

  • Respondents reported that information security spending on personnel remained stable in the Americas and EMEA in 2007 compared to 2006. In contrast, Asia-Pacific respondents anticipated an increase in information security spending across the board.
  • Almost 60 percent of respondents with less than 10 years of experience reported an expected increase in training budgets over the next year, often to get up to speed on emerging technologies and threats. More than half of respondents in operational roles expected an increase.
  • Top training topics included security administration, application and systems security, business continuity and disaster recovery planning, privacy, and information risk management.
  • Seventy-eight percent of hiring managers cited certifications as either very important or somewhat important. While quality of work and company policy were the top reasons given for certifications importance, a new reason customer requirement was identified by 33 percent of respondents requiring certifications.

To download a copy of the study, please visit www.isc2.org/workforcestudy.

About (ISC)²

The International Information Systems Security Certification Consortium, Inc. [(ISC)2®] is the internationally recognized Gold Standard for certifying information security professionals. Founded in 1989, (ISC)² has certified over 58,000 information security professionals in 135 countries. Based in Palm Harbor, Florida, USA, with offices in Washington, D.C., London, Hong Kong and Tokyo, (ISC)2 issues the Certified Information Systems Security Professional (CISSP®) and related concentrations, Certification and Accreditation Professional (CAP®), and Systems Security Certified Practitioner (SSCP®) credentials to those meeting necessary competency requirements. All (ISC)² core certifications the CISSP, CISSP-ISSEP®, CISSP-ISSAP®, CISSP-ISSMP®, SSCP and CAP meet the stringent requirements of ANSI/ISO/IEC Standard 17024, a global benchmark for assessing and certifying personnel. (ISC)² also offers a continuing professional education program, a portfolio of education products and services based upon (ISC)2s CBK®, a taxonomy of information security topics, and is responsible for the annual (ISC)² Global Information Security Workforce Study. More information is available at www.isc2.org.

© 2008, (ISC)2 Inc. (ISC)², CISSP, ISSEP, ISSAP, CAP, SSCP and CBK are registered marks of (ISC)², Inc.

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Maples Communications, Inc.
Mike Kilroy or Stephanie Olsen
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solsen@maples.com

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