Business still falling short despite increased cyber security awareness

Despite the recent stream of headline-dominating cyber attack raising the awareness of cyber security, business are letting themselves down by continuing to fall short in the enforcement of security best practices.

That is the main finding of the 10th annual CyberArk Global Advanced Threat Landscape Survey, which examined whether enterprises are learning and applying lessons from high-profile cyber attacks.

The study found that, although 82 per cent of respondents believe progress is being made in the battle against cyber attacks, those gains are being undercut by below-par security practices in critical areas such as privileged account security, third-party vendor access and cloud computing.

And the stats clearly demonstrate this trend. 79 per cent of responded said that their organisation has learned lessons from major cyber attacks and over two-thirds (67 per cent) now believe their CEO/board of directors provide “sound cyber security leadership,” up from 57 per cent in 2015. Furthermore, this increased awareness has resulted in improvements in malware detection (25 per cent), endpoint security (24 per cent) and security analytics (16 per cent). For the full article click here 

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