• by Ray Schultz , February 20, 2018

Security professionals list cybercriminals as the biggest security threat they face, according to an infographic from PhishMe. 

The stats show that 63% share that fear. In contrast, 43% cite application vulnerabilities and 42% cite insiders.

Their major concerns about cyber attacks involve social engineering (46%), targeted attacks (43%), app vulnerabilities (20%) and insider theft (19%).

Despite these issues, security pros face several obstacles in attempting to protect their companies. For 62% ,insufficient budgets are a problem. In addition, 74% lack security skills and 67% a lack of training. 

IT security management and CISOs typically set priorities. But spending and buying decisions are made by other executives, PhishMe states.

In 48% of the firms, the CFO is in charge of these decisions, while in 33%, it’s the CEO who makes the decisions.