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A survey from Splunk and Enterprise Strategy Group indicates that organizations tend to invest a significant amount of their capital into cybersecurity. Even more interesting is that 88 percent of respondents in this survey reported that they would increase these investments, with 35 percent reporting that they will be substantial. What other insights can we glean from this survey?
Of particular note is how nasty and commonplace some of these cyberattacks can get.
The data provided by this survey indicates that just over half of the surveyed respondents found an increase in cyberattacks, with 53 percent of them confirming that there was an increase in attacks during the pandemic. Zooming out a bit, 84 percent of these respondents found that they experienced a significant cybersecurity incident within the past two years.
These attacks broke down as follows:
These attacks have had a plethora of consequences and costs for businesses that suffer from them. Here are some of them:
It’s also important to consider that security leaders and professionals have both reported that their jobs have become harder (49 percent). These leaders and professionals have cited the shifting landscape of threats (48 percent), transitioning to the cloud and those challenges (32 percent), and workplace hiring (28 percent) as some of the ways in which their jobs have been made more difficult.
It also does not help that the adoption of cloud-based solutions was so rushed by the COVID-19 pandemic that it has led to shortcomings and challenges regarding cloud usage.
More threats are being utilized against businesses through the cloud, so it’s of critical importance that you are able to secure it. Reciprocal Technologies can help your business achieve all that it needs regarding security and the cloud. To learn more, reach out to us at 317-759-3972.
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