Subj : Many businesses are scared they might be hit by a cyberattack at
To   : All
From : TechnologyDaily
Date : Wed Oct 18 2023 13:00:06

Many businesses are scared they might be hit by a cyberattack at any moment

Date:
Wed, 18 Oct 2023 11:45:11 +0000

Description:
Firms need automation and AI to bolster their defenses, researchers are 
warning.

FULL STORY
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Most security and IT leaders worldwide believe that a cyberattack is imminent 
and that its likely (or highly likely) that their organizations will suffer 
some sort of data loss within the next 12 months. 

A report from Commvault, based on a survey of 500 IT and security leaders 
around the world found most respondents see on-prem workloads as more 
vulnerable than cloud workloads. On a scale of 1-5, most respondents gave 
on-prem vulnerability a 2.8, and physical workloads a 2.77, while cloud 
workloads got a 2.67. 

Furthermore, data exfiltration attacks happen almost 50% more often than 
encryption attacks, suggesting that even ransomware operators are moving away 
from deploying the decryptors and focusing exclusively on stealing sensitive 
data. Still, phishing is the number one concern for most, as thats how the 
majority of ransomware attacks start anyway. Limited automation 

Also, the respondents are saying that without the help of automation, 
detecting attacks will soon become impossible. Relying on manual detection 
and reporting only is very likely to result in missed anomalies and 
successful attacks, the report claims. To address the issue, the respondents 
are turning to automation, but the majority (57%) have limited automation for 
key functions, increasing their chances of missing a threat before it 
happens. Only 22% are fully automated, it was added. 

Regardless of the environment, businesses must integrate multiple layers of 
defense to keep their endpoints safe, argues Phil Goodwin, Research Vice 
President, Infrastructure Systems, Platforms and Technologies Group, at IDC 
(who conducted the survey). 

With AI now a tool for both defense and offense, the urgency for 
comprehensive cyber resilience has never been more evident. 

The C-Suite must prioritize proactive defense, real-time threat intelligence, 
and robust risk management, added Commvaults CISO, Javier Dominguez. Its also 
critical that SecOps and ITOps teams work closely together to look 
holistically at their security posture, end-to-end. With Commvault, 
resilience isn't an afterthought  it's the blueprint. More from TechRadar Pro 
How automation allows CIOs to focus on their biggest asset: talent Here's a 
list of the best firewalls today These are the best malware removal tools 
right now



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Link to news story:
https://www.techradar.com/pro/security/many-businesses-are-scared-they-might-b
e-hit-by-a-cyberattack-at-any-moment


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