FireEye Research Reveals 51% of Organizations Don’t Believe They Are Ready for or Would Respond Well to a Cyber Attack or Breach
Inaugural FireEye Cyber Trendscape Report provides direct insights to help organizations benchmark their cyber security initiatives
“Our new FireEye Cyber Trendscape Report highlights the overall beliefs and perceptions of senior leaders regarding top cyber security priorities for 2020 and beyond, as well areas where they differ across the globe,” said
Vast majority of organizations to increase cyber security budgets
With the perpetually shifting threat landscape, most of the organizations surveyed (over 90%) believe that the cyber threat landscape will stay the same or worsen in 2020. Further, the majority (51%) of organizations do not believe they are ready for or would respond well to a cyber attack or breach event. Moreover, 29% of organizations with cyber attack and breach response plans in place have not tested or updated them in the last 12 or more months.
To address concerns regarding the potential loss of sensitive data, customer impact, and business operation disruptions, the vast majority (76%) of organizations plan to increase their cyber security budget in 2020:
- Organizations most commonly expressed plans to bump cyber security spending by 1-9% over 2019 allocations
The greatest number of U.S. participants indicated budgetary increase plans of 10% or more (39%), followed by the
UK(30%) and South Korea(22%)
However, 25% of organizations in
Japanand 24% in South Koreaindicated plans to keep their security spend the same year over year
Participating organizations were remarkably consistent in their views and perspectives of cyber security. The following sheds light on some of the more differentiated global viewpoints.
Globally, organizations allocated their cyber security budgets into four main categories with the largest allocations going to the areas of prevention (42%) and detection (28%), followed by containment and remediation. However,
U.S. organizations take the lead in fully transitioning to the cloud
Over 44% of global respondents expressed having transitioned some of their environment to the cloud, and that they were monitoring cautiously. Additionally, 35% had transitioned some of their environment with plans to continue, and 17% had completed a full cloud deployment. U.S. organizations reported being furthest along in adopting a cloud-first approach with 37% having finished a complete cloud migration.
Of the responding participants globally, 45% felt that the cloud was about as secure as on-premise, and a further 33% believed that the cloud was more secure. However, in both
Globally, participants consistently identified the same solutions as having the most positive impact on their organization’s ability to prevent a cyber attack. Vulnerability management and security software took the lead (slightly above 16%). Employee training was the third (14%) followed by response plans and security hardware (both slightly above 12%).
When it came to cyber security investment areas with the greatest potential positive impact to an organization’s ability to prevent a cyber attack or breach, [
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This research study was commissioned by