Even with increased automation, an organization’s cybersecurity strategy is only as strong as its employees. According to a Fortinet report, 84% of surveyed security leaders experienced one or more breaches in the past 12 months, up from 80% in 2021. Twenty-nine percent had five or more intrusions versus 19% the previous year, and 48% suffered breaches in the past 12 months that cost more than $1 million to remediate, up from 38% in 2021.
The report found that 81% of cyberattacks were in the form of phishing, password and malware attacks. Sixty-five percent of the survey respondents expect the number of cyberattacks to increase. North American respondents expect a 25% increase in attacks over the next year. Respondents in Europe, the Middle East and Africa expect a slightly lower increase at 17%. Because of this, organizations are looking for ways to increase their cybersecurity preparedness. This includes communicating with executives and attempting to hire additional security personnel, since 68% of organizations indicate they face additional risks because of cybersecurity skills shortages.
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