A new survey out of Palo Alto Networks shows that 79 percent of IT decision-makers agree that reporting breaches to regulators should be mandatory, with an additional 69 percent who believe reporting incidents will help curtail cybercrime, iTWire reports. Palo Alto APAC Vice President and Chief Security Officer Sean Duca said, “To stay ahead of cyber criminals, it’s important that businesses see the value in voluntarily sharing cyberthreat information with other businesses and with government. There needs to be a framework around the types of information shared so that businesses feel comfortable sharing cyberthreat information with each other. This is the only way Australian organisations will be able to implement a cyber security posture oriented around prevention of data breaches rather than the far more expensive cure.”
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