Cybersecurity Resilience Emerges as Top Priority as 62% of Companies Say Security Incidents Impacted Business Operations>
Dark Reading
MELBOURNE, Australia, Dec. 6, 2022 /PRNewswire/ — Resilience has emerged as a top priority as a staggering 62 percent of organizations surveyed said they had experienced a security event that impacted business in the past two years. The leading types of incidents were network or data breaches (51.5 percent), network or system outages (51.1 percent), ransomware events (46.7 percent) and distributed denial of service attacks (46.4 percent).

These incidents resulted in severe repercussions for the companies that experienced them, along with the ecosystem of organizations they do business with. The leading impacts cited include IT and communications interruption (62.6 percent), supply chain disruption (43 percent), impaired internal operations (41.4 percent) and lasting brand damage (39.7 percent).

Seven Success Factors of Security Resilience

Organizations that report poor security support from the C-suite scored 39 percent lower than those with strong executive support. Businesses that report an excellent security culture scored 46 percent higher on average than those without. Companies that maintain extra internal staffing and resources to respond to incidents resulted in a 15 percent boost in resilient outcomes. Companies whose technology infrastructures are either mostly on-premise or mostly cloud-based had the highest, and nearly identical, security resilience scores. However, businesses that are in the initial stages of transitioning from an on-premise to a hybrid cloud environment saw scores drop between 8.5 and 14 percent depending on how difficult the hybrid environments were to manage. Companies that reported implementing a mature Zero Trust model saw a 30 percent increase in resilience score compared to those that had none. Advanced extended detection and response capabilities correlated to an incredible 45 percent increase for organizations over those that report having no detection and response solutions. Converging networking and security into a mature, cloud-delivered secure access services edge boosted security resilience scores by 27 percent.
Link: https://www.darkreading.com/vulnerabilities-threats/cybersecurity-resilience-emerges-as-top-priority-as-62-of-companies-say-security-incidents-impacted-business-operations