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Lessons from leaders to master
cybersecurity execution
Utilities
Innovatefor
CyberResilience
Third Annual State of Cyber Resilience
Copyright © 2020 Accenture. All rights reserved. 2
Mastering Cybersecurity Execution
Innovationinvestment
is growing
Cybersecurity basics are
better for all companies
94%
of Utilities organizations spend
more than 20% of cybersecurity
budgets on advanced technologies
direct
attacks
11% 27%
security
breaches
The State of Cyber Resilience
Costs rises are
unsustainable
Copyright © 2020 Accenture. All rights reserved. 3
There are hidden
threats
39%
of security breaches at Utilities
organizations are indirect attacks that
target weak links in the supply chain
57%
of Utilities
organizations
report cost
rises in last two
years
73%
of Utilities organizations
say staying ahead of
attackers is a constant
battle and the cost
is unsustainable
Mastering Cybersecurity Execution
The State of Cyber Resilience
Copyright © 2020 Accenture. All rights reserved. 4
Investments are failing
for 77%oforganizations:
Gaps in
protection
55%of an organization is
actively protected by
the security program
Low detection
rates
56%of breaches are found
by the security team
Longer business
impact
12%of all breaches
had an impact
lasting < 24 hours
Customer data
exposed
37%had more than 500K
records exposed in
the last year
Mastering Cybersecurity Execution
The State of Cyber Resilience
4xbetter at stopping
attacks
4xbetter at finding
breaches faster
3xbetter at fixing
breaches faster
2xbetter at reducing
breach impact
Copyright © 2020 Accenture. All rights reserved. 5
A group of leading organizations are doing things differently
3.8% attacks breach
security compared
with 10.4% for Utilities
organizations
88% detect breaches
in less than one day
compared with 31% for
Utilities organizations
96% of breaches fixed
in 15 days or less
compared with 40% for
Utilities organizations
58% of breaches have
no impact on business
compared with 28% for
Utilities organizations
Mastering Cybersecurity Execution
The State of Cyber Resilience
Investfor
operational
speed
Prioritize moving fast
Choose turbo-charging
technologies
Drivevalue
fromnew
investments
Scale more
Train more
Collaborate more
Sustain
what they
have
Maintain existing
investments
Perform better
at the basics
Copyright © 2020 Accenture. All rights reserved. 6
What makes leaders successful?
Mastering Cybersecurity Execution
The State of Cyber Resilience
Innovate for Cyber Resilience

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Innovate for Cyber Resilience

  • 1. Lessons from leaders to master cybersecurity execution Utilities Innovatefor CyberResilience Third Annual State of Cyber Resilience
  • 2. Copyright © 2020 Accenture. All rights reserved. 2 Mastering Cybersecurity Execution Innovationinvestment is growing Cybersecurity basics are better for all companies 94% of Utilities organizations spend more than 20% of cybersecurity budgets on advanced technologies direct attacks 11% 27% security breaches The State of Cyber Resilience
  • 3. Costs rises are unsustainable Copyright © 2020 Accenture. All rights reserved. 3 There are hidden threats 39% of security breaches at Utilities organizations are indirect attacks that target weak links in the supply chain 57% of Utilities organizations report cost rises in last two years 73% of Utilities organizations say staying ahead of attackers is a constant battle and the cost is unsustainable Mastering Cybersecurity Execution The State of Cyber Resilience
  • 4. Copyright © 2020 Accenture. All rights reserved. 4 Investments are failing for 77%oforganizations: Gaps in protection 55%of an organization is actively protected by the security program Low detection rates 56%of breaches are found by the security team Longer business impact 12%of all breaches had an impact lasting < 24 hours Customer data exposed 37%had more than 500K records exposed in the last year Mastering Cybersecurity Execution The State of Cyber Resilience
  • 5. 4xbetter at stopping attacks 4xbetter at finding breaches faster 3xbetter at fixing breaches faster 2xbetter at reducing breach impact Copyright © 2020 Accenture. All rights reserved. 5 A group of leading organizations are doing things differently 3.8% attacks breach security compared with 10.4% for Utilities organizations 88% detect breaches in less than one day compared with 31% for Utilities organizations 96% of breaches fixed in 15 days or less compared with 40% for Utilities organizations 58% of breaches have no impact on business compared with 28% for Utilities organizations Mastering Cybersecurity Execution The State of Cyber Resilience
  • 6. Investfor operational speed Prioritize moving fast Choose turbo-charging technologies Drivevalue fromnew investments Scale more Train more Collaborate more Sustain what they have Maintain existing investments Perform better at the basics Copyright © 2020 Accenture. All rights reserved. 6 What makes leaders successful? Mastering Cybersecurity Execution The State of Cyber Resilience