Dive Brief:

• A lack of resources and a disconnect between security leaders and the C-suite are preventing companies from addressing growing cybersecurity threats, according to a study commissioned by Raytheon in conjunction with Ponemon Institute.

• The study found 66% of respondents believe senior leaders in their organization do not perceive cyber-security as a strategic priority.

• The survey questioned 1,006 cybersecurity CIOs, CISOs and senior IT leaders.

Dive Insight:

Increased cyberattacks are likely to cost enterprises millions of dollars, and not just because of down time and lost productivity.

Jack Harrington, vice president of cybersecurity and special missions at Raytheon Intelligence, Information and Services, stressed that organizations should not wait until they are attacked to take cybersecurity seriously. The study contains a number of recommendations for CIOs.