90% organisations think cyber threat landscape will worsen in 2020

(IANS) With the perpetually shifting threat landscape, over 90 per cent of organisations believe the cyber threat landscape will stay the same or worsen in 2020 while 51 percent of organizations do not believe they are ready for or would respond well to a cyber attack or breach, a new report by US-based cybersecurity firm FireEye said on Tuesday.

FireEye’s “Cyber Trendscape” report surveyed over 800 Chief Information Security Officers (CISOs) and other senior executives across North America, Europe, and Asia to uncover attitudes towards some of the cyber security’s most prevalent topics.

“Our new ”Cyber Trendscape” report highlights the overall beliefs and perceptions of senior leaders regarding top cybersecurity priorities for 2020 and beyond as well areas where they differ across the globe,” Eric Ouellet, Global Security Strategist at FireEye, said in a statement.

“These critical data points will help organizations to bring focus and clarity to their cybersecurity programs while helping to expand the dialogue with senior leadership and the board,” Ouellet added.

According to the report, 29 percent of organizations with cyberattack and breach response plans in place have not tested or updated them in the last 12 months or more.

Globally, organizations allocated their cybersecurity budgets into four main categories with the largest allocations going to the areas of prevention (42 percent) and detection (28 percent), followed by containment and remediation.

However, Japan was the only country to break away from this order, expressing a greater emphasis on detection (40 percent) and then prevention (35 percent).

Notably, 44 percent of global respondents expressed having transitioned some of their environment to the Cloud, and that they were monitoring cautiously.

Additionally, 35 percent had transitioned some of their environment with plans to continue, and 17 percent had completed a full Cloud deployment. US organizations reported being furthest along in adopting a Cloud-first approach with 37 percent having finished a complete Cloud migration.

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