Half (51%) of chief information officers think they still lack access to cybersecurity solutions that fully fit their business needs, technology services provider Logicalis has said in its 2025 Global CIO Report.
Close to six in 10 (58%) CIOs are fully confident in their ability to identify potential security gaps, but a similar proportion (56%) believe their security patch system is too complex to manage.
The overwhelming majority (96%) acknowledge the need for improvements in their security coverage, with 45% requiring significant upgrades.
While further improvements and investments are widely required, half of the 1,000 CIOs who responded to the survey said their firm had over-invested in security solutions they do not need.
Furthermore, 58% of CIOs believe their current security investments fully meet their organisation’s needs.
Worryingly, more than three-quarters (78%) of respondents reported that the volume of cybersecurity breaches has either remained consistent or increased.
Some 88% said that they had endured a cybersecurity incident in the last 12 months, with malware and ransomware attacks accounting for 42% of these breaches.
Meanwhile, 43% of organisations have endured multiple breaches over the past year.
“Organisations face a concerning paradox in cybersecurity investment – they clearly need to invest but, more importantly, they need to identify solutions that adequately meet their needs and effectively protect their operations," said Mairead Malone, country leader for Ireland, Logicalis UK&I.
“While it’s clear that threats are mounting, questions are being raised about the effectiveness of security spending and implementation. The fact that the majority of organisations have recently experienced a cybersecurity incident, with some enduring multiple breaches, is alarming.
"The businesses which fail to address these issues will only leave themselves – and potentially their customers – vulnerable.”
Logicalis will host a roundtable event at The Shelbourne in Dublin on 29 May to delve into the trends highlighted in the 2025 Global CIO Report.
The group, part of Johannesberg-listed Datatec, has annualised revenues of $1.7bn from its operations in Europe, North America, Latin America, Asia Pacific, and Africa.
(Pic: Getty Images)
