KUALA LUMPUR: Gigamon, a leader in deep observability has revealed vulnerabilities in organisations’ preparedness to defend against increasingly sophisticated cyberthreats and attacks in its newly published 2024 Hybrid Cloud Security Report.
Compared to last year’s report, the annual survey of over 1,000 security and information technology (IT) leaders across Australia, France, Germany, Singapore, the United Kingdom and the United States showed a decline in detection and response capabilities year-on-year.
According to a statement, the research found 1 in 3 organisations were unable to detect a breach in the last 12 months with just 25% able to respond in real-time, revealing a cybersecurity preparedness gap.
As hybrid cloud environments two in complexity and threat actors launch a barrage of concealed attacks, 65% of respondents believed their existing security tooling cloud not effectively detect breaches.
Security and IT leaders are at a crucial juncture. The spectre of AI-powered cyber attacks looms globally, with 82% of respondents predicting that AI will increase the global ransomware threat.
Despite global information security spending projected to reach US$215 billion (RM1.01 trillion) in 2024, only half (54%) of organisations feel ‘strongly prepared’ to respond to unauthorised access to their hybrid cloud environments.
The research also delves into the insights of 234 chief information security officers (CISOs) globally, with the results highlighting that CISOs continue to bear the burden of regulatory and technological pressures, with 69% reporting they struggle to detect encrypted threats, compared to 59% of the total respondents.
Furthermore, an alarming 70% of CISOs believed their tools were not as effective as they could be in detecting breaches and as a result, 59% say they would be most empowered by cyber risk becoming a boardroom priority.
— BERNAMA
