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REDEFINING SECURITY PERFORMANCE AND HOW TO ACHIEVE IT
WHAT IS THE ACCENTURE SECURITY INDEX?
ROOM FOR IMPROVEMENT IN BANKIN...
ABOUT ACCENTURE SECURITY
Accenture Security helps organizations build resilience
from the inside out, so they can confiden...
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Accenture Banking Security Index

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The Accenture Security Index, based on Accenture's High Performance Security research, assesses performance across 33 cybersecurity capabilities within the Banking industry. It is intended to help banking leaders understand the effectiveness of their security measures. To learn more about Banking results, read our blog series: https://accntu.re/2vj59KC

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Accenture Banking Security Index

  1. 1. REDEFINING SECURITY PERFORMANCE AND HOW TO ACHIEVE IT WHAT IS THE ACCENTURE SECURITY INDEX? ROOM FOR IMPROVEMENT IN BANKING RANGE OF CYBERSECURITY CAPABILITIES RATED HIGHLY COMPETENT IN BANKING Across 15 countries, average organization has high performance in only 11 cybersecurity capabilities Banking on the top – has high performance in 15 cybersecurity capabilities Source: Accenture Security and Oxford Economics A comprehensive benchmark measuring 33 cybersecurity capabilities, helping companies understand how effective their security measures are and identifying measures to take to reduce threats. Source: Accenture Security and Oxford Economics 33 30 25 20 15 10 5 % of companies in each range of cybersecurity capabilities (Sample = 2,000) 30% 21% 20% 19% 14% 15% 7% 7% 5% 4% Number of cybersecurity capabilities rated highly competent % of Banks in each range of cybersecurity capabilities (Sample=275) 22% 16% 7% 0–5 Range 6–10 11–15 16–20 21–25 26–30 31–33 12% 8% SECURITY INDEX SCORE – INDUSTRY (% Share of high performance security capabilities) 45% 44% 44% 39% 38% 37% 32% 32% 31% 28% 27% 19% Communications Banking& CapitalMarkets High Technology Consumer Products Insurance Healthcare (payer) Retail Healthcare (provider) Utilities Industrial Equipment Energy (Oil and Gas) Life Sciences
  2. 2. ABOUT ACCENTURE SECURITY Accenture Security helps organizations build resilience from the inside out, so they can confidently focus on innovation and growth. Leveraging its global network of cybersecurity labs, deep industry understanding across client value chains and services that span the security lifecycle, Accenture protects organizations’ valuable assets, end-to-end. With services that include strategy and risk management, cyber defense, digital identity, application security and managed security, Accenture enables businesses around the world to defend against known sophisticated threats, and the unknown. Follow us @AccentureSecure on Twitter or visit the Accenture Security blog. FOLLOW US ON TWITTER: @AccentureSecure TO LEARN MORE ABOUT THE ACCENTURE SECURITY INDEX, VISIT: www.accenture.com/securityindex Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. UNDERSTANDING AREAS FOR CYBERSECURITY IMPROVEMENT IN BANKING Five capabilities with highest proportion (Sample = 2,000 senior security executives)Five capabilities with lowest proportion 1. Business alignment b. Physical and safety risks 37% c. IT risk support 41% d. Cyber-attack scenarios 33% e. Cybersecurity strategy 36% 27% 2. Cyber response readiness b. Cyber incident escalation paths 34% c. Ability to ensure stakeholder involvement 31% d. Cyber incident communication 38% e. Protection and recovery of key assets 36% a. Cyber response plan 41% 3. Strategic threat context b. Business relevant threat monitoring 34% c. Peer monitoring as a source for information on threats to your business 36% 38% a. What-if threat analysis 34% 7. Extended ecosystem b. Third-party cybersecurity clauses 29% c. Cybersecurity regulatory compliance 32% d. Cooperation during crisis management 33% a. Third-party cybersecurity 30% 4. Resilience readiness d. Maintaining resilience readiness 37% e. Threat landscape and resilience alignment 33% a. Cyber incidence recovery 38% b. Design for resilience and limit impact 31% c. Design for protection of key assets 31% 5. Investment efficiency d. Inclusion of cybersecurity in security investments 32% e. Risk analysis and budgeting 38% a. Cybersecurity architecture approach 39% b. Cybersecurity investments for protecting key assets 29% c. Including cybersecurity funding in IT project plans 31% 6. Governance and leadership d. Cybersecurity accountability 41% e. Security-minded culture 38% a. Cybersecurity in chain of command 31% b. Cybersecurity incentives 33% c. Measuring and reporting cybersecurity 36% 51% 45% 41% 48% 34% 44% 42% 46% 47% 46% 41% 46% 47% 47% 36% 37% 45% 44% 50% 42% 46% 40% 40% 48% 50% 50% 40% 41% 53% 50% 40% 41% 46% Cybersecurity domain Cybersecurity capability Proportion with high competence 0% 50% Proportion of Banks with high competence 14% 4% 8% 12% 7% 10% 11% 8% 11% 5% 7% 10% 9% 13% 7% 5% 12% 14% 13% 9% 8% 9% 9% 16% 12% 11% 11% 10% 12% 12% 9% 8% 10% Difference d. Threat vector monitoring

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