Subj : Barely any businesses are really that confident about their secur
To   : All
From : TechnologyDaily
Date : Wed Sep 11 2024 11:00:05

Barely any businesses are really that confident about their security 
protection

Date:
Wed, 11 Sep 2024 09:52:33 +0000

Description:
While cyberattacks rise, confidence is at a low, survey finds.

FULL STORY
======================================================================

The majority of organizations in the UK are not confident they would be able 
to withstand a cyberattack at all, new research has claimed. 

A report from TeamViewer based on answers from 500 business leaders in 
Australia, Canada, Japan, Germany, the UK, and the US found one of the 
problems leading to a vulnerable outlook is poor connectivity . 

In fact, global organizations with gaps in connectivity are more likely to be 
held back by differences between departments (30%) and the inability to show 
the ROI of tech connectivity (27%). Furthermore, those with excellent 
connectivity are most likely to be held back by worries of cybersecurity 
(24%). Also, just a quarter (25%) of businesses in the UK believe they are 
the leaders in their sector when it comes to cybersecurity performance. In 
data we trust 

Besides poor connectivity, businesses are also distrustful towards internal 
data, mostly due to multiple versions of the truth within the company, based 
on different data sets (37%), and conflicting data management practices 
(34%). Ultimately, in 31% of cases, there is simply too much unreliable 
hardware. 

Organizations of different sizes have varying levels of trust, too, driven 
mostly by data literacy. Among smaller companies (those generating up to $50 
million a year in revenue) data literacy is present at roughly 40% of the 
workforce. Among larger enterprises ($10 billion in annual revenue or more), 
data literacy sits at 21%. 

While confidence in cybersecurity is low, the number of (successful) 
cyberattacks is growing every year. Currently, cybercrime is one of the 
biggest worries for many organizations, with global losses reaching $12.5 
billion in 2023, according to the FBI, and Statista . The year before, losses 
were roughly $10 billion. More from TechRadar Pro Should cybersecurity 
overconfidence be on your threat radar? Here's a list of the best firewalls 
around today These are the best endpoint security tools right now



======================================================================
Link to news story:
https://www.techradar.com/pro/vpn/barely-any-businesses-are-really-that-confid
ent-about-their-security-protection


--- Mystic BBS v1.12 A47 (Linux/64)
 * Origin: tqwNet Technology News (1337:1/100)

.