Big firms are being hit with hundreds of cyberattacks every week

Date:
Tue, 27 Sep 2022 13:27:57 +0000

Description:
Some facing hundreds of attacks a day, report claims, putting immense
pressure on SecOps teams.

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The number of cyberattacks against big firms is constantly rising, and is now at the point where increased stress, long hours and hard work are business as usual for SecOps teams.

Trellix recently polled 9,000 security decision makers from large organizations (at least 500 employees) and found that the average firm has to address some 51 cybersecurity incidents - every day. Whats more, a third
(36%) said they have to address up to 200 incidents a day.

As a result, two in five (40%) have lost up to 10% of their revenue to cyberattacks over the last 12 months, alone. Blind spots

To some extent, its siloed cybersecurity solutions that exacerbate the problem. For almost two-thirds of the respondents (60%), security products
are integrated poorly, preventing teams from being efficient. Another third (34%) said they have known blind spots across their networks and endpoints . Consequently, 60% said they cant keep up with how fast various cybersecurity threats evolve.

Trellixs report concludes how for many organizations, the key to solving this problem is unifying all the various cybersecurity solutions into a single extended detection and response (XDR) platform. That, however, is a
challenge, as some two-thirds (63%) of the surveys respondents dont even know what XDR means (or have a partial understanding of the concept). Read more

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This uncertainty has created confusion about what exactly XDR is, the report states. 32% called it a solution, 19% called it a feature, and 15% called it
a product.

Instead, Trellix sees XDR as an ecosystem, capable of automating processes
and prioritizing critical concerns, detecting threats in real time across vectors, improving efficiency by freeing up staff time, and adapting security architecture to new threats. The company also says the respondents using XDR reported shorter mean time for incident response, better visibility and insight across vectors, and significant cost savings. Here's the rundown of the best firewalls today

Via: Infosecurity Magazine



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Link to news story: https://www.techradar.com/news/big-firms-are-being-hit-with-hundreds-of-cybera ttacks-every-week/


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