CyberEdge 2020 Cyberthreat Defense Report

Register now to download CyberEdge’s seventh annual Cyberthreat Defense Report – a comprehensive review of the perceptions of 1,200 IT security professionals representing 17 countries and 19 industries. Key insights from this year’s report include: 

• A record 81% of organizations suffered from a successful cyberattack last year
• A record 62% of organizations were compromised by ransomware last year
• 58% of ransomware victims paid ransoms last year, but a third failed to recover their encrypted data
• Malware, spear-phishing, and ransomware cause the most headaches while zero-day attacks are of least concern
• Lack of skilled personnel and low employee awareness inhibit IT security’s success
• 85% of organizations are experiencing a shortfall of skilled IT security personnel
• The typical enterprise IT security budget increased 5% last year
• The typical security budget consumes 13% of the overall IT budget
• Installations of API gateway / protection and advanced security analytics technologies soared in 2019
• Application containers, operational technology (OT), and Internet of Things (IoT) devices are rated as most-difficult to secure
• Four out of five organizations prefer security products that feature machine learning (ML) and artificial intelligence (AI) technology
• Two-thirds (67%) of organizations who haven’t started assembling a zero-trust network architecture plan to get started in 2020
• Almost two-thirds (66%) of SSL-encrypted web traffic is never inspected by security tools
• 36% of IT security applications and services are delivered from the cloud
• Two-thirds (67%) of IT security professionals who haven’t achieve an IT security certification plan to get started in 2020

The Cyberthreat Defense Report provides the most geographically comprehensive view of IT security perceptions in our industry. Use the findings to benchmark your company’s security posture, operating budget, product investments, and best practices against peers in your industry and region. Download your complimentary copy now!