One in five chief information security officers (CISOs) globally are now reporting directly to the chief executive officer while 15 per cent of organisations have a security budget of more than 10 per cent of their overall IT budgets, according to a new report by Wipro released on Tuesday.At the same time, 65 per cent of organisations are tracking and reporting regulatory compliance. And 25 per cent of organisations are carrying out security assessments in every build cycle. In addition, 39 per cent of organisations now have a dedicated cyber insurance policy.All of these points showed dramatic increases from previous years, said the State of Cybersecurity Report 2019 that highlights rising importance of cybersecurity defence to global leaders, the emergence of the CISO as a C-suite role and an unprecedented focus on security as a pervasive part of business operations.The annual study is based on three months of primary and secondary research, including surveys of security leadership,
