Cyber Threat Readiness Report Reveals Alarming Misalignment Between Execs and Security Analysts>
vmBlog.com
Swimlane announced the release of the “2023 Cyber Threat Readiness Report” based on research conducted by Dimensional Research. The report reveals a lack of executive understanding and an ever-widening talent gap that is placing an unsustainable burden on security teams to prevent business-ending breaches. Despite increased cybersecurity discussions at the C-suite and boardroom level, a sharp juxtaposition has emerged between executives who believe that every security alert is being addressed and the teams on the ground addressing the alerts. Seventy percent of executives believe that all alerts are being handled by their security team, while only 36% of front-line roles responsible for managing alerts agree. The truth is only 58% of organizations are actually addressing every single alert.

While the use of automation is increasing in popularity to overcome these challenges, a notable disconnect also exists in understanding the security team’s skill set and available resources to adopt heavy-scripting automation tools. 87% of executives believe their security team possesses what it takes for successful adoption. In comparison, only 52% of front-line roles state they have enough experience to properly use this type of technology.

Respondents overwhelmingly indicated increased challenges in finding candidates with the right technical skills, experience and industry-specific knowledge. Seventy percent of companies reported it takes longer to fill a cybersecurity role now than it did two years ago. When asked how long it takes to fill a cybersecurity role, 82% of organizations report it takes three months or longer, with 34% reporting it takes seven months or more. These challenges have led one-third (33%) of organizations to believe they will never have a fully-staffed security team with the proper skills.

More than nine out of 10 participants (95%) report business issues resulting from security team turnover, including slower threat identification, response and remediation, and the inability to address alerts. Over three-quarters (78%) of organizations that handle every alert said they use low-code security automation in their security stack. Ninety-eight percent of participants said there were advantages to using security automation solutions that embrace low-code principles, such as the ability to scale the solution with the team’s experience with less reliance on coding skills.
Link: https://vmblog.com/archive/2023/07/25/cyber-threat-readiness-report-reveals-alarming-misalignment-between-execs-and-security-analysts.aspx