Cybersecurity is a booming issue, and so is the Indian stock market. Why? Read the latest Cybersecurity State Report from ISACA and HCL Technologies. Well, if you are not interested in diving into technical jargon, Exhibit is always ready to help you get the exact details of all the tech and lifestyle news. And today, it will do the same with this latest news. To know more about cyber attacks, read this section.
The World is Not Digitally Safe (Cybersecurity)
The COVID-19 pandemic has forced us to tap into untapped and underutilized horizons by allowing us to go digital. Digital cyber attacks, having penetrated the digital ecosystem, have demonstrated the possible consequences. But let us not forget the dialogue from the Spiderman movie – “With great power comes great accountability”. However, time is organic and allows you to change with it. So, I would like to change this dialogue to “With great power comes shameless vulnerabilities”. This is true, considering the case of digital attacks. Why? Let’s get a deeper understanding of the report.
Attacks That Harms the Most (Cybersecurity)
To describe each key opportunity in this report, the two organizations surveyed nearly 3,600 industry professionals.
- 62% of respondents reported experiencing a cyberattack.
- Ransomware is among the top three methods used by attackers.
- 40% of professionals surveyed for this report said their organization uses third-party or in-house threat intellect.
- The banking, financial services, and insurance (BFSI) part is looking to increase its budget by 55%, especially in areas directly related to cybersecurity. This increase was 49% in the healthcare industry, 50% in energy, and 51% in manufacturing.
It’s Not Always Dark Clouds (Cybersecurity)
The latest report from HCL and ISACA focuses on the state, rather than events, of cyberattacks. The report also provides insights and best practices on how some organizations are preventing such events. Around 78% of them said that their cybersecurity training had a positive impact. In addition, cloud migration is one of the most effective solutions preferred by a third of organizations to protect data. Moreover, 65% of organizations constantly evaluate the maturity level of their cybersecurity solutions.
Conclusion
Cybersecurity and cyberattacks are at least two related words. Expand your horizons to reduce the impact of cyberattacks. Given the efforts that some organizations are making to ensure a safer digital ecosystem for each of us, it is also essential to work on making at least one threat ineffective.
