67 percent of companies lose business deals over security strategy concerns

New research from LogRhythm shows 67 percent of respondents say their company had lost a business deal due to the customer's lack of confidence in their security strategy. The survey of 1,175 security professionals and executives across five continents, conducted by Dimensional Research, finds 91 percent report that their company's security strategy and practices must now align to customers' security policies and standards. Partners also exert a new level of due diligence with 85 percent of respondents stating their company must provide proof of meeting partners’ security requirements. 'Given the increasing complexity and severity of cyber threats organizations are experiencing,… [Continue Reading]