May 17, 2023
A Proofpoint study of 1,600 worldwide Chief Information Security Officers (CISOs) shows a growing worry about cyber dangers.
According to the data, 68% of respondents believe their firms will be targeted by cyberattacks in the next 12 months, with 25% believing the risk is extremely likely. In comparison, the prior year’s study found that 48% of respondents expected an assault during the same timeframe.
The top concern for 33% of CISOs is business email compromise (BEC). Insider threats, including careless, unintentional, or illegal activities, came in second at 30%, followed by cloud account compromise and distributed denial-of-service (DDoS) assaults at 29%. Supply chain attacks, ransomware assaults, and smishing and vishing attacks were also highlighted by 27% of participants as major worries.
62% of CISOs are prepared to pay hackers ransoms in order to repair systems or avoid data leaks. This might be influenced by the fact that 71% of businesses have cyber insurance and 61% of CISOs are prepared to make claims to recoup damages. However, 62% of CISOs think that utilizing stolen credentials, they can discover and eliminate ransomware attackers before major harm occurs.
Furthermore, 61% of CISOs confessed their organization’s lack of preparation, while a separate poll of board members done the previous year found that just 47% were aware of the problem.
The sources for this piece include an article in TechRepublic.
