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Infographic: Crumbling Cybersecurity—CIOs Are Wasting Millions

Infographic: Crumbling Cybersecurity—CIOs Are Wasting Millions

February 24, 2016 | Gregory Webb
Key Takeaways
  • CIOs admit to wasting millions on inadequate security controls due to gaps in their defenses
  • The foundation of cybersecurity—keys and certificates—is being left unmanaged and unprotected
  • Cybercriminals are using unprotected keys and certificates to bypass security controls which blindly trust keys and certificates

CIOs admit to wasting millions on inadequate security controls. Why? There is a fundamental flaw in their cybersecurity strategy that is letting cybercriminals bypass their defenses in over half of network attacks.

This infographic shows CIO survey results which reveal cybersecurity is crumbling because the foundation of cybersecurity—keys and certificates—is being left unmanaged and unprotected.

Everyone has layered security defenses—next gen firewalls, VPNs, DLP, advanced threat protection, endpoint protection, and more. With all of these investments, CEOs, CIOs, and IT security leaders should expect their security systems to know what’s trusted and safe, and what’s not. But these security controls are blind to attacks that use compromised, stolen, or forged keys and certificates to undermine network defenses.

With Gartner expecting over 50% of network attacks to use SSL/TLS to hide in encrypted traffic by 2017, enterprises have a huge gap in their cybersecurity that won’t protect them against half of attacks.

This infographic is based on a January 2016 survey conducted by Vanson Bourne, an independent technology market research provider. The survey asked 500 enterprise CIO respondents in the U.S., U.K., France, and Germany how the demand for encryption and exponential growth in cryptographic keys and digital certificates are impacting their cybersecurity efforts. 

The results show IT executives understand their cybersecurity approaches are failing and agree they are wasting money on ineffective security controls. But trust in the cybersecurity foundation can be restored by securing keys and certificates. Venafi, the Immune System for the Internet™, helps you know instantly which keys and certificates should be trusted and which shouldn’t. Learn how we can help protect your organization.

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About the author

Gregory Webb
Gregory Webb
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