40% of cyber teams have not reported a cyber incident out of fear of losing their jobs – a disclosure that signifies a serious underreporting of cyber breaches globally.
New VikingCloud proprietary research – gathered from a survey of nearly 170 cybersecurity professionals in the United States, United Kingdom, and Ireland – also reveals that 96% of the same companies are confident in their ability to detect and respond to cyberattacks in real time – leading to a false sense of security which could lead to an even higher cyber risk for organizations.
The 2024 Cyber Threat Landscape Report: Cyber Risks, Opportunities, & Resilience highlights how unprepared organizations are for modern cyber risks, the challenges cyber teams face today, and the steps they can take to fight back.
Key findings include:
- 40% of cyber teams have not reported a cyber incident out of fear of losing their jobs – a disclosure that signifies a serious underreporting of cyber breaches globally.
- 49% of companies said cyberattacks increased in frequency and 43% said they increased in severity over the past 12 months.
- 33% of companies were late to respond to cyberattacks because they were dealing with a false positive.
- 68% of cyber teams would not be able to meet the Securities and Exchange Commission’s new 4-day disclosure rule – and industry standard for incident response.
Download the VikingCloud report now to get all the results and insights from our latest proprietary research.
For more information on the topic, read our blog 68% of Cyber Teams Can’t Achieve 4-Day Cyber Incident Disclosures.
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