80% of Global Organizations Expect to Experience a Customer Record Breach in the Next Year | Texas News

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DALLAS, August 3, 2021 / PRNewswire / – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global leader in cybersecurity, today revealed that the risk of cyber attacks has increased over the past year. 80% of global organizations say they are likely to experience a data breach that will impact customer data in the next 12 months, according to a new survey.

Findings come from Trend Micro’s semi-annual report Cyber ​​risk index (CRI), which measures the gap between respondents’ cybersecurity preparedness and their likelihood of being attacked. In the first half of 2021, the CRI surveyed more than 3,600 companies of all sizes and from all sectors across North America, Europe, Asia Pacific, and Latin America.

Read a full copy of the report, produced by the Ponemon Institute, here: https://www.trendmicro.com/cyberrisk.

The IRC is based on a numerical scale of -10 to 10, with -10 representing the highest level of risk. The current global index stands at -0.42, a slight increase from last year indicating “high” risk.

“Once again, we have found many solutions to keep CISOs sleeping at night, from operational and infrastructure risks to data protection, to human-made threats and challenges,” said Jon clay, vice president of threat intelligence for Trend Micro. “To reduce cyber risk, organizations need to be better prepared by getting back to basics, identifying the critical data most at risk, focusing on the threats most important to their business, and providing layered protection to their business. from complete and connected platforms.

Organizations have ranked the top three negative consequences of an attack as customer attrition, loss of IP, and damage / disruption of critical infrastructure.

The main findings of the report include:

  • 86% said they were quite to very likely to experience serious cyber attacks in the next 12 months, up from 83% last time
  • 24% suffered more than 7 cyber attacks that infiltrated networks / systems, compared to 23% in the previous report.
  • 21% had more than 7 breaches of information assets, up from 19% in the previous report.
  • 20% of those surveyed said they had experienced more than 7 customer data breaches in the past year, up from 17% in the last report.

“Trend Micro’s IRC continues to be a useful tool in helping businesses better understand their cyber risk,” said Dr. Larry Ponemon, CEO of the Ponemon Institute. “Organizations around the world can use this resource to prioritize their security strategy and focus their resources to best manage their cyber risk. This type of resource is increasingly useful as harmful security incidents continue to be a challenge for businesses of all sizes and in all industries.

Among the two main infrastructure risks was cloud computing. Global organizations gave it a score of 6.77, ranking it as high risk on the index’s 10-point scale. Many respondents admitted that they were spending “considerable resources” to manage the risks associated with third parties, such as cloud providers.

The main cyber risks highlighted in the report are as follows:

  • Man-in-the-Middle Attacks
  • Ransomware
  • Phishing and social engineering
  • Fileless attack
  • Botnets

The main security risks to infrastructure remain the same as last year and include organizational misalignment and complexity, as well as infrastructure and cloud computing providers. Additionally, interviewees identified customer turnover, loss of intellectual property, and disruption or damage to critical infrastructure as key operational risks for organizations globally.

The main challenges of cybersecurity preparedness include the limitations of security officials who lack the authority and resources to adopt a strong security posture, as well as organizations struggling to implement security technologies. sufficient security to protect their data assets and IT infrastructure.

About Trend Micro

Trend Micro, a global leader in cybersecurity, helps secure the world for the exchange of digital information. Fueled by decades of security expertise, global threat research and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of people across clouds, networks, devices and terminals. As a leader in cloud and enterprise cybersecurity, the platform offers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft and Google, as well as central visibility for detection. and better and faster response. With 7,000 employees in 65 countries, Trend Micro enables businesses to simplify and secure their connected world. www.TrendMicro.com.

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