Majority CEOs unwilling to share cybersecurity information with outsiders

February 17, 2016

Some 68 percent of CEOs say they are unwilling to share their organisation’s information on cybersecurity incidents with outsiders, highlighting the ongoing challenge of establishing better cooperation among enterprises.

This reticence also conflicted with the fact that 55 percent of CEOs acknowledged industry collaboration was necessary to fight cybercrime, according to an IBM study, which polled more than 700 CXOs in 28 countries. Some 24 percent of respondents were from the Asia-Pacific region, including Singapore, Australia, China, and India.

“This exposes a resistance to widespread and coordinated industry collaboration, while hacking groups continue to perfect their ability to share information in near real-time on the Dark Web,” noted IBM.

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