ASHBURN, Va.--(BUSINESS WIRE)--Telos® Corporation, a leading provider of continuous security solutions and services for the world’s most security-conscious organizations, today released the 2017 Public Sector Cyber Risk Management Report. The report details the findings of a survey conducted at the Amazon Web Services (AWS) Public Sector Summit, held in June 2017, which captured 257 responses from attendees, the majority of whom were federal employees or contractors.
Data from the survey reveals strong support for the National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) as 83 percent of federal employees and contractors said they favored the NIST CSF being mandated across federal agencies, which was a critical part of the President’s Cyber Executive Order in May 2017. Overall, 88 percent of respondents said that the NIST CSF “effectively helps organizations manage risk.”
“The NIST CSF provides a roadmap for federal agencies and organizations to develop a robust cyber risk management plan that can evolve as quickly as threats do,” said Richard P. Tracy, CSO, Telos. “The level of support for the NIST CSF shows that federal agencies and contractors are keenly aware that managing cyber risk is a critical issue at every level of an organization.”
Respondents overwhelmingly indicated support for the CSF as a common set of standards used across government and industry, with a remarkable 95 percent saying that organizations would benefit. 89 percent of respondents regard cyber risk management as “critically important” to their ability to achieve the goals and mission of their organization.
Despite the support for embracing universal cybersecurity standards, the survey revealed concerns related to compliance in the cloud. In particular, two potential barriers to adoption of frameworks bubbled up—46 percent said their biggest cloud compliance challenge is time, while 45 percent said compliance is too complex.
“Respondents made it clear that compliance challenges remain on their minds as they shift to cloud and begin or continue the implementation of the NIST CSF,” said Tracy. “However, I look at these challenges as an opportunity for organizations to streamline the compliance process through automation to allow a more efficient and strategic way to embrace standards.”
In June, Telos launched Xacta 360, which automates cybersecurity compliance processes, saving agencies up to 50 percent of the time and effort required to implement controls while modernizing systems in a cloud environment.
To view the 2017 Public Sector Cyber Risk Management Report, please visit: www.telos.com/cyber-risk-management-report.
About Telos Corporation
Telos Corporation empowers and protects the world’s most security-conscious organizations with solutions and services for continuous security assurance of individuals, systems and information. Telos’ offerings include cyber security solutions and services for IT risk management and information security; secure mobility to protect globally connected organizations; and identity management to establish trust in personnel and continuously monitor for insider threats. The company serves military, intelligence and civilian agencies of the federal government, allied nations and commercial organizations around the world. Telos is recognized as a leading cyber company, evidenced by a top 25 ranking on the global Cybersecurity 500 list. The company is a recipient of the prestigious James S. Cogswell Outstanding Industrial Security Achievement Award from the Defense Security Service (DSS), awarded to less than one percent of eligible organizations. For more information, visit www.telos.com and follow on Twitter @TelosNews.