United States Policy Tender

The majority of C-Suite executives and policy makers in the United States believe investing in security software infrastructure and emerging technologies is critical to protecting U.S. data from growing cybersecurity risks according to a newly released survey.Asked what would make the U.S. government better equipped to secure data 51 percent of C-Suite executives and 62 percent of policy makers cite investing in ITsecurity infrastructure 59 percent of the C-Suite and 60 percent of policy makers cite investing in security software. When it comes to their own security investments over the next 24 months 44 percent of C-Suite executives and 33 percent of policy makers plan to purchase new software with enhanced security and 37 percent and 25 percent respectively plan to invest in new infrastructure solutions to improve security.The report Security in the Age of AI detailing the views and actions of C-Suite executives policy makers and the general public related to cybersecurity and data protection was released by Oracle.In addition both C-Suite executives and policy makers rank human error as the top cybersecurity risk for their organizations. However in the next two years they are choosing to invest more in peoplevia training and hiringthan in technology such as new types of software infrastructure and artificial intelligence AI and machine learning ML which is essential to advancing security and significantly minimizing human error. Only 38 percent of C-Suite executives and 26 percent of policy makers plan to invest in AI and ML to improve security in the next 24 months.We are at a critical juncture in our cybersecurity journey as more decision makers in the public and private sector recognize the benefits of investing in next-generation technology designed for security to make progress on addressing previously intractable threats instead of relying solely on people or legacy technology said Edward Screven Chief Corporate Architect at Oracle. That said there is a delta between what C-Suite executives and policy makers think is best for Americas cyber future and the actions they are taking for their own organizations indicating a greater need for business and government to understand how and why next generation technologies are so critical for their own cyber defenses.Queried about what their organization has done over the past five years to improve security both C-Suite executives and policy makers said they had upgraded existing software 60 percent and 52 percent respectively and trained existing staff 57 percent and 50 percent respectively. Just over half 54 percent of C-Suite executives and 41 percent of policy makers have purchased new software with enhanced security features with 40 percent of C-Suite executives and 27 percent of policy makers having invested in new infrastructure solutions.Technology Industry Faces Great Threats and ResponsibilitiesAs for what they perceived to be the greatest security threat to the technology industry attacks by foreign governments was ranked highest by respondents C-Suite 30 percent policy makers 37 percent. Seventy-eight percent of C-Suite executives 75 percent of policy makers and 64 percent of the general public believe the technology industry is well equipped to protect data. Additionally 79 percent of C-Suite executives and policy makers and 64 percent of the general public trust the technology industry to behave responsibly and in the best interests of the American public as it relates to data security. Interestingly only one in three C-Suite executives 34 percent and policy makers 32 percent think it is the governments responsibility to protect consumer data highlighting the critical role that the technology sector has to play in keeping U.S. data protected.While the government has an important role to play in keeping Americas data safe increasingly dangerous cybersecurity landscape means it cant be expected to out-innovate attackers on its own. Thats our job said Screven. The U.S. government and businesses will need to rely on the technology sector more to advance the nations cyber defense. We can build data centers hire talent and secure data at scale more efficiently than any one individual customer can.Artificial Intelligence and Its Impact on SecurityOnly 33 percent of C-Suite executives and 20 percent of policy makers adopt and implement AI and ML to its fullest potential yet they strongly believe autonomous technologies powered by AI and ML will improve the way they protect and defend against security threats.For the past several years our RD efforts have been focused on ways to out-innovate the most sophisticated security threats we could imagine. Thats why Oracle Cloud Infrastructure was rebuilt with separation between application and security processing and designed to run the Oracle Autonomous Database. The Oracle Autonomous Database uses AI to deliver the worlds first and only self-driving self-securing and self-repairing database that repairs patches and updates itself Screven added. These and other Oracle cloud security technologies based on machine learning can become the cornerstone of an organizations cybersecurity defense strategy.In addition to benefiting the state of data security in the U.S. the majority of C-Suite executives 88 percent policy makers 89 percent and the general public 77 percent believe autonomous technologies will also positively impact the U.S. economy with increased productivity cited as the top benefit.