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IT staff spending more time and money on technology risks

Staff in technology jobs know the risks posed by data security – but are they managing them correctly?

More time and money is being spent by chief information officers (CIOs) to manage the IT security threat to their companies, new research has shown.

A poll by recruitment consultancy Robert Half Technology found that on average, staff are spending a quarter of their time – more than one full day a week – on mitigating technology risks.

More than a third of respondents said this is an increase when compared to three years ago, while 40 per cent have also upped their IT spending on security.

Managing director of Robert Half Technology Phil Sheridan said: "The threat to IT security is persistent and growing, prompting UK organisations to invest more time and money into managing risk."

However, despite all this extra focus, 78 per cent of CIOs admitted they find managing security challenging, with those in London and the south-east the most concerned.

Elsewhere, another study by Guidance Software discovered that many businesses are not as prepared as they should be to cope with cyber attacks.

A lot did not have incident response plans and staff had not been trained to ensure they knew what to do in the event of a data protection emergency.

Mr Sheridan suggested that any CIOs who are struggling with data risks may need to look at outsourcing or seeking help from experts, as the penalties and consequences of losing information can be severe.

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