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90% organisations think cyber threat landscape will worsen in 2020

Milpitas (California), Nov 5


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 per cent of organisations do not believe they are ready for or would respond well to a cyber attack or breach, a new report by US-based cyber security 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 cyber security's most prevalent topics.

"Our new 'Cyber Trendscape' report highlights the overall beliefs and perceptions of senior leaders regarding top cyber security 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 organisations to bring focus and clarity to their cyber security programmes, while helping to expand the dialogue with senior leadership and the board," Oullet added.

According to the report, 29 per cent of organisations with cyber attack and breach response plans in place have not tested or updated them in the last 12 months or more.

Globally, organisations allocated their cyber security budgets into four main categories with the largest allocations going to the areas of prevention (42 per cent) and detection (28 per cent), followed by containment and remediation.

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

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

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