Thursday, December 12, 2019

Australian Cybersecurity Personnel Are On the Verge of Burnout

For companies around the world, the threat of a data breach is becoming ever-present. This reality is especially pronounced in Australia, where cybersecurity professionals are reporting fatigue and burnout as they battle the litany of threats facing their companies. According to the 2019 Asia Pacific CISO Benchmark Study, the burnout rate among Australian organizations is more than double the global average of 30%. 

In total, 69% of Australian organizations are receiving more than 100,000 cybersecurity alerts every day, significantly higher than the global average. At the same time, the survey, which polled 2,000 information-security professionals, found that Australian organizations were slower to respond to data breaches than companies in other countries. Such behavior compounds costs, as 84% of Australian businesses that experienced a data breach admitted that the expenses exceeded $1 million, a significantly higher sum than other countries in the region. 

SMBs are already struggling to hire sufficient cybersecurity personnel, so supporting IT professionals is a critical component of any company’s cybersecurity initiatives. Fortunately, they don't have to do it alone. The supportive services of an MSP can augment capabilities, lightening the load on in-house cybersecurity professionals.

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