Globalization: Are You In or Are You Out?

Global organizations better prepared to predict and resist cyber attacks, but struggle to recover from them, EY survey finds

Global organizations are more confident than ever that they can predict and resist a sophisticated cyber attack, but are falling short of investments and plans to recover from a breach in today’s expanding threat landscape, according to the annual EY Global Information Security Survey (GISS), Path to cyber resilience: Sense, resist, react.

Now in its 19th year, the survey of 1,735 organizations globally examines some of the most compelling cybersecurity issues facing businesses today in the digital ecosystem. Findings showed that half (50%) of those surveyed said they could detect a sophisticated cyber attack — the highest level of confidence since 2013 — due to investments in cyber threat intelligence to predict what they can expect from an attack, continuous monitoring mechanisms, security operations centers (SOCs) and active defense mechanisms.

57% of respondents rate business continuity and disaster recovery as a high priority, but only 39% are planning to invest more in it in the coming year

– 42% do not have an agreed communications strategy or plan in place in the event of a significant attack

– 86% say their cybersecurity function does not fully meet their organization’s needs

source:PRNewswire.com

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