CCI employees share current surveys, reviews and evaluation on danger, compliance, governance, infosec and management points. Share particulars of your survey with us: editor@corporatecomplianceinsights.com.
C-suite cybersecurity disconnect places enterprise worth in danger
A big hole in cybersecurity notion between chief data safety officers and different C-suite executives is leaving organizations weak to threats, in response to new analysis from EY. The survey of 800 US C-level executives discovered 84% of organizations skilled a cybersecurity incident prior to now three years, with affected Russell 3000 corporations sometimes seeing a 1.5% inventory value lower over the next 90 days.
Two-thirds of chief data safety officers (CISOs) fear that cybersecurity threats are extra superior than their defenses, considerably greater than their C-suite counterparts (56%). This notion hole extends to the supply of threats, with CISOs extra prone to attribute incidents to cybercriminals (57% vs. 47% of different executives) and inside threats (47% vs. 31%).
The analysis additionally reveals disagreement about what’s working in cybersecurity, with CISOs extra prone to attribute decreased incidents to AI investments (75% vs. 68%), whereas different executives favor worker coaching (77% vs. 69% of CISOs).
Different key findings:
- 68% of CISOs categorical concern about senior leaders underestimating cybersecurity risks, in comparison with 57% of different executives.
- Whereas 21% of organizations at the moment make investments greater than 10% of their IT price range in cybersecurity, this determine is predicted to almost double to 38% subsequent 12 months.
- Regardless of elevated investments, the basic disconnect in risk notion stays a major vulnerability.
“Corporations want to maneuver past a ‘examine the field’ mentality and acknowledge cybersecurity as a strategic funding, not merely a price heart,” stated Jim Guinn II, EY Americas cybersecurity chief.
The research was carried out in December 2024 and January 2025 throughout 10 business sectors, together with well being, expertise, authorities, monetary providers and retail.
Company America’s use of renewables lags behind world leaders
US corporations are making progress in renewable power adoption however nonetheless have important floor to cowl, with renewable sources accounting for simply 29% of their power consumption, in response to new information from Readability AI. The evaluation of MSCI ACWI corporations reveals American companies transferring in the precise course however trailing nations like Spain (60%) and Brazil (51%).
The US power panorama stays closely depending on fossil fuels, with electrical energy representing simply over 20% of the nation’s power combine whereas oil merchandise nonetheless account for 47% of complete power consumption. This imbalance presents explicit challenges for America’s industrial sector, which faces structural obstacles to fast decarbonization.
American monetary providers and IT corporations are main the home transition, following world patterns the place these extremely electrifiable sectors have almost doubled their renewable power use since 2020. Nonetheless, the US heavy business, manufacturing and actual property sectors proceed to battle with the technical challenges of electrifying fuel-based processes.
“These industries are structurally more difficult to decarbonize, but are important for reaching net-zero emissions by 2050,” stated Andrés Olivares, senior supervisor of product analysis and innovation at Readability AI, which offers sustainability information and insights to buyers and firms.
The evaluation examined renewable power consumption information from 2020 to 2024, with a concentrate on corporations included within the MSCI ACWI index.
CCI employees share current surveys, reviews and evaluation on danger, compliance, governance, infosec and management points. Share particulars of your survey with us: editor@corporatecomplianceinsights.com.
C-suite cybersecurity disconnect places enterprise worth in danger
A big hole in cybersecurity notion between chief data safety officers and different C-suite executives is leaving organizations weak to threats, in response to new analysis from EY. The survey of 800 US C-level executives discovered 84% of organizations skilled a cybersecurity incident prior to now three years, with affected Russell 3000 corporations sometimes seeing a 1.5% inventory value lower over the next 90 days.
Two-thirds of chief data safety officers (CISOs) fear that cybersecurity threats are extra superior than their defenses, considerably greater than their C-suite counterparts (56%). This notion hole extends to the supply of threats, with CISOs extra prone to attribute incidents to cybercriminals (57% vs. 47% of different executives) and inside threats (47% vs. 31%).
The analysis additionally reveals disagreement about what’s working in cybersecurity, with CISOs extra prone to attribute decreased incidents to AI investments (75% vs. 68%), whereas different executives favor worker coaching (77% vs. 69% of CISOs).
Different key findings:
- 68% of CISOs categorical concern about senior leaders underestimating cybersecurity risks, in comparison with 57% of different executives.
- Whereas 21% of organizations at the moment make investments greater than 10% of their IT price range in cybersecurity, this determine is predicted to almost double to 38% subsequent 12 months.
- Regardless of elevated investments, the basic disconnect in risk notion stays a major vulnerability.
“Corporations want to maneuver past a ‘examine the field’ mentality and acknowledge cybersecurity as a strategic funding, not merely a price heart,” stated Jim Guinn II, EY Americas cybersecurity chief.
The research was carried out in December 2024 and January 2025 throughout 10 business sectors, together with well being, expertise, authorities, monetary providers and retail.
Company America’s use of renewables lags behind world leaders
US corporations are making progress in renewable power adoption however nonetheless have important floor to cowl, with renewable sources accounting for simply 29% of their power consumption, in response to new information from Readability AI. The evaluation of MSCI ACWI corporations reveals American companies transferring in the precise course however trailing nations like Spain (60%) and Brazil (51%).
The US power panorama stays closely depending on fossil fuels, with electrical energy representing simply over 20% of the nation’s power combine whereas oil merchandise nonetheless account for 47% of complete power consumption. This imbalance presents explicit challenges for America’s industrial sector, which faces structural obstacles to fast decarbonization.
American monetary providers and IT corporations are main the home transition, following world patterns the place these extremely electrifiable sectors have almost doubled their renewable power use since 2020. Nonetheless, the US heavy business, manufacturing and actual property sectors proceed to battle with the technical challenges of electrifying fuel-based processes.
“These industries are structurally more difficult to decarbonize, but are important for reaching net-zero emissions by 2050,” stated Andrés Olivares, senior supervisor of product analysis and innovation at Readability AI, which offers sustainability information and insights to buyers and firms.
The evaluation examined renewable power consumption information from 2020 to 2024, with a concentrate on corporations included within the MSCI ACWI index.