Nearly 60% of businesses suffered a data breach in the past 3 years – DigitalMunition




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Published on October 2nd, 2019 📆 | 2923 Views ⚑

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Nearly 60% of businesses suffered a data breach in the past 3 years

Some 36% of companies who haven’t suffered a breach said it is likely they are unknowingly experiencing one now.

What to include in an enterprise cybersecurity plan
At RSA 2019, Steve Martino of Cisco discussed the top cybersecurity threats businesses are facing, and how to help employees improve their security posture.

In the spirit of October being the 16th Annual National Cybersecurity Awareness Month, a recent Bitdefender study outlined the cybersecurity conditions of infosecurity companies across the globe. The report found that cybersecurity breaches persist: 57% of companies have experienced a breach in the past three years, and 24% have already suffered a breach halfway through 2019. 

Bitdefender’s Hacked Off! report, released on Tuesday, surveyed more than 6,000 infosec professionals globally to determine how successful current cybersecurity measures are, and how to improve them. 

SEE: Special report: A winning strategy for cybersecurity (free PDF) (TechRepublic)

While the majority of IT workers rated their organizations’ cybersecurity as very good (57%) or good (24%), the report referred to today’s threat environment as a “minefield.” 

The cyberattacks posing the biggest threat to organizations in 2019 included phishing (36%), trojans (29%), ransomware (28%), legal and compliance risks (28%), unpatched software (24%), DDoS attacks (24%), and social media threats (22%). 

While the number of companies suffering from data breaches has slightly decreased over the past three years, according to the report, 36% of infosec professionals said they believe their companies are currently facing a cyberattack without knowing it. 

As new technologies emerge, new threat vectors follow, which is putting significant stress on infosec professionals. More than half (58%) of employees said they are concerned about their organization’s cybersecurity readiness, and 49% said they lose sleep over it, the report found. 

C-suite executives aren’t helping: 57% of infosec professionals said that key executives are the ones least likely to comply with the company’s cybersecurity policy. This problem, compounded with 73% of organizations being under-resourced, is troublesome for employees. 

“Resources are such a stressor that 53% of infosec professionals have contemplated leaving their job due to under-resourcing in terms of staff,” Liviu Arsene, global cybersecurity researcher at Bitdefender, said in a press release. “Resources are in fact such a bugbear that infosec pros say the main obstacles to their organizations’ strengthening their cybersecurity posture are a lack of budget and a lack of skilled personnel.”

To help companies better prepare for evolving cyberattacks, the report identified the following key components of a good cybersecurity strategy:

  • Form a specific security operations center (SOC) to monitor threats 24/7
  • React as quickly as possible to cyberthreats 
  • Create a smart detection strategy using network traffic analysis and antimalware technology 
  • Emphasize ongoing security training for employees
  • Prioritize security in the company’s tech budget

For more check out Cybersecurity: This is how firms are spending their budget this year on TechRepublic.

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