60% of Businesses Have Experienced a Serious Security Breach in the Last Two Years

There is an increase in security breaches and businesses still face challenges surrounding cyberattacks due to lack of IT security and operations basics.

With digital transformation on the rise and technology massively outpacing policy, companies must take the lead when it comes to securing their estates. While cybersecurity has received much fanfare – with global spend predicted to exceed $1 trillion through 2021 – the biggest gaps continue to endure in plain sight.

Vanson Bourne polled 600 IT decision-makers (300 from IT operations and 300 IT security). The research discovered that:

Over three quarters (77 percent) believe that they are not extremely well prepared to react to a serious data breach
Over half (60 percent) have experienced a serious security breach in the last two years – 31 percent more than once
Eight in ten claim digital transformation increases cyber risk
Fewer than a quarter (23 percent) believe that the IT operations and IT security teams work together extremely well to secure the business; nearly all (97 percent) believe that their organization would benefit from better collaboration between these teams
On average, respondents have visibility of 64 percent of their organization’s total software estate; only 66 percent of this software is current
The majority of respondents demand an investment increase in areas such as software migration automation (80 percent), breach response and remediation (67 percent), and/or software patching (65 percent)