In a recent study, Trend Micro indicated that the risk of cyberattacks – in particular in cloud and other remote-work elements – has increased by as much as 80 percent over the past year, with four out of five global organizations noting they consider themselves “likely to experience a data breach” impacting customer data “in the next 12 months.”
In its bi-annual “Cyber Risk Index,” Trend Micro reported that the top three concerns of organizations include attacks on customer churn, lost intellectual property and disruption to infrastructure. Scaling data from -10 (highest) to 10 (lowest) risk, Trend Micro noted that the current global index is -0.42, marking a “slight increase on last year” with “elevated” risk.
Other key findings, which were all up from the year-ago period, included:
- 86 percent falling between somewhat and very likely to experience serious cyberattack.
- 24 percent having suffered seven or more penetrations on networks or systems.
- 21 percent experiencing informational asset breaches.
- 20 percent suffering customer data breaches.
The top infrastructure risk was cloud-based computing, which is at “elevated” risk, with “many” respondents indicating they allocate “considerable resources” toward managing cloud provider and other third-party risks. At the same time, primary challenges to cybersecurity preparedness include lack of authority or resources by security leaders, struggling to activate appropriate technology and failing to sufficiently protect data assets and IT infrastructure.
The report comes via survey data collected from 3,600 businesses in North America, Europe, Asia-Pacific and Latin America for the first half of 2021. The full document, which was produced by the Ponemon Institute, is available via Trend Micro’s website.