Top CIO Concerns

What are the top 3 concerns CIOs have in common? Their never ending security concerns, systems availability and services downtime, and acquiring the right human resource capital. according to a recent survey.
 
These insights are derived from a December 2014 study of 276 U.S. CIOs and executive IT professionals commissioned by Sungard Availability Services (Sungard AS).
 
The increasing frequency and complexity of cyber attacks places security high in the ranks among IT concerns for CIOs. Approximately 51 percent of survey participants believe security planning and security remediation budgets should grow annually.
 
External security threats and cyber attacks grab the biggest headlines in the news and represent the lastest share of IT security budgets but internal threats are often the root cause of security disasters. Approximately 62 percent of the surveyed CIOs stated leaving mobile phones or laptops in vulnerable places as their chief security concern, followed by password sharing at about 59 percent. These internal security challenges drove 60 percent of CIOs to mention in 2015 they plan to enforce tighter security policies for employees, consultants, and business partners.
 
CIOs typically direct their CISOs and other IT security staff to prepare against outside threats by deploying virus protection software, spam filtering sotware, and Operating Systems security patches and updates. Delivering the message to employees is often difficult. Employees are the end users of most corporate systems and they must be held responsible for their own actions and the impact it may potentially have on overall organizational security.
 
 
Downtime is Expensive
 
Downtime is also a major concern for CIOs as it directly effects organizational efficiency and profitability. Approximately 42 percent of CIOs reported that their disaster recovery plans are vital to their organizations and will be among the last line items cut from 2015 IT budgets. CIOs believe that the damage to an enterprise's reputation far outweighs the monetary costs associated with these recovery and continuity services.
 
 
Human Resouce Capital Management is Painful
 
Approximately 38 percent of respondents noted that CIOs are concerned about talent acquisition. Recruiting and reaining IT talent is a constant concern for CIOs and 50 percent of survey participants do not believe talent acquisition and retention get the appropriate attention it deserves.

 

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Bill has been a member of the technology and publishing industries for more than 25 years and brings extensive expertise to the roles of CEO, CIO, and Executive Editor. Most recently, Bill was COO and Co-Founder of CIOZone.com and the parent company PSN Inc. Previously, Bill held the position of CTO of both Wiseads New Media and About.com.

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