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Security

Security teams report rise in cyber risk: a customer’s perspective


According to Trend Micro’s biannual Cyber Risk Index (CRI) report, 80 per cent of respondents from enterprises expect to experience a data breach that compromises customer data in the next 12 months.

The report surveyed more than 3,600 businesses of all sizes and industries across North America, Europe, Asia Pacific, and Latin America for their thoughts on cyber risk. Despite an increased focus on security due to high-profile ransomware and other attacks in the past year, respondents reported a rise in risk due to inadequate security processes like backing up key assets.

Why security risk is rising

Organisations are overwhelmed as they pivot from traditional to distributed networks. Pandemic-driven work-from-home growth is potentially how businesses will be run going forward. That distributed network means that it’s harder for IT staff to know what assets are under their control and what security controls should be in place. With the line blurring between corporate and personal assets, organizations are overwhelmed with the pace of change.

Cloud deployments can bring their own complications as they are often misconfigured or leave credentials behind for attackers to find in such locations as GitHub. The cloud also has brought more platforms for attackers to go after. While Windows used to be the major target, now attackers are pivoting to attacking Linux and IoT devices.

Where security risk is rising

The Trend Micro CRI report identified the following areas of having elevated risk worldwide, meaning they scored below 5 on a scale of -10 to 10, where 10 is the lowest level of risk.

  • Ability of enabling security technologies to protect data assets and IT infrastructure: 4.05
  • IT security leader (CISO) has sufficient authority and resources to achieve a strong security posture: 4.09
  • The organisation is involved in threat sharing with other companies and government: 4.37
  • IT security function supports security in the DevOps environment: 4.40
  • IT security function has the ability to know the physical location of business-critical data assets and applications: 4.45

North American respondents had a different list with lower ratings:





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