A recent report by CyberEdge analyzed the recent threat landscape and how it affects security leaders in the workplace. Last year, according to the survey, 78% of ransomware victims faced the consequences of one, two or three additional threats unless they paid the ransom. Additional threats include launching distributed denial of service (DDoS) attacks (42%), notifying customers or the media of the data breach (42%) and publicly releasing exfiltrated data (40%).
The percentage of survey respondents who believe it’s more likely than not that their employers will be victimized by a successful cyberattack of some kind in the coming year declined for the first time in six years, from 76% to 72%. In addition, their overall concern about cyberthreats ticked down. One factor contributing to the improving sentiment: the percentage of organizations experiencing at least one successful attack in 2022 (85%) declined for the second consecutive year. Additionally, at nearly all companies with a board of directors (97%), information security leaders engage board members directly. More than half (51%) provide monthly, quarterly or annual cyber risk assessments reports to the board.