A majority of executives now believe that having a converged network gives their companies better defense against IT security breaches. Furthermore, nearly 70% feel that IP helps ensure business continuity following an emergency. These are among the key findings of a global survey of 395 senior executives conducted by the Economist Intelligence Unit for AT&T. The survey shows, at the same time, that network security concerns remain at the top of the list of barriers to implementing a converged IP network.
Executives have reason to be concerned. Hacking is rampant and is now used for a greater variety of malicious purposes than previously—to extort money, target selected individuals for identity theft, shut down whole networks, and even spy on political rivals, as seen in recent European elections.
- 49% of executives cite hackers among their worst security threats.
- 71% of companies still see viruses and worms as a major threat today,
although diminished from previous years.
- 33% of surveyed executives cited identity theft as among their most feared threats today, and their concerns are set to rise over the next three years.
This is the second in the Network Convergence series of thought-leadership papers written by AT&T in co-operation with the Economist Intelligence Unit. Future papers in the series will explore how companies are addressing the challenges of managing applications integration and enterprise mobility.