Tuesday, January 7, 2020

More Than Half of All Organizations Admit They Aren’t Ready for Cyberattack

Data security incidents continue to make headlines (and fill Week in Breach newsletters) every week. Even so, a recent survey found that most organizations still aren’t prepared for the veritable inevitability of a data breach. 

Indeed, more than 800 CISOs from three continents expressed similar sentiments about their data security standards. Notably, 51% do not believe that they are ready to respond to a data breach, while nearly a third have untested response plans in place. 

Meanwhile, the vast majority believe that the cybersecurity landscape will worsen or stay the same in the year ahead. Perhaps that’s why 76% plan to increase their cybersecurity budgets in 2020. When establishing their priorities, CISOs identified security software and employee awareness training as their top priority. As it stands, too many companies aren’t responding to the real and escalating threat of a data loss event.

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