Cloud security spending increased for 49 percent of UK companies in the past year, while the IT security budget for other security activities remained the same, according to a Bitdefender survey of 153 IT decision makers in the United Kingdom in companies with more than 1,000 PCs.
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Some 34 percent of companies were breached in the past 12 months, while 74 percent of IT decision makers don’t know how their company was breached, according to a Bitdefender survey of 250 IT decision makers in the United States in companies with more than 1,000 PCs.
Some 66% of companies would pay an average of $124k to avoid public shaming scandals following a security breach, according to a Bitdefender survey of 250 IT decision makers in the United States in companies with more than 1,000 PCs.
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Nearly 90 percent of directors at public companies say their board discusses cyber-risk regularly, yet only 14 percent of boards have in-depth knowledge of cyber-risks, according to a survey by the National Association of Corporate Directors (NACD), cited by Internal Auditor.
Eighty nine percent of organizations do not evaluate the financial impact of every significant breach and, of those that have suffered a cyber incident in the last year, nearly half have no idea what the financial damage is or could be, according to research by EY.
Not too long ago, most people probably couldn’t imagine their automobiles being vulnerable to cyber security threats such as hacking. But with the rapid growth of connected objects of all types as part of the Internet of Things (IoT)—including vehicles—these concerns have become a distinct possibility.
Some 20 percent of organizations will use smartphones instead of physical access cards by 2020, according to a report by advisory company Gartner.
Ransomware, the most prolific cyber threat of the moment, gains foothold in organizations and companies via file-sharing networks, e-mail attachments, malicious links or compromised websites that allow direct downloads.
Distributed denial-of-service (DDoS) attacks have been going on for years. But in recent months they seem to have gained much more attention, in part because of high-profile incidents that affected millions of users.
Some 57% of CIO/CISOs surveyed by the consultancy firm EY have experienced a recent significant cybersecurity incident, proving that more work is needed to strengthen the corporate shield.
IT security spending ranges from about 1 percent to 13 percent of the IT budget, according to the most recent IT Key Metrics Data from Gartner. But spending can be a misleading indicator of program effectiveness, analysts say.