Less Than 40% of Asia-Pacific Organizations Are Confident to Stop Cyber Threats as 83% Experience At Least One Ransomware Attack a Year

Asia Pacific Cyber ThreatsWith exactly half of cybersecurity incidents caused by organizations having an outdated security posture, the ability to stop breaches involves some re-investment in measures that really work.

I’ve said it time and time before – that every organization should assume that they will eventually be the target of a potential attack and even the victim of a successful one. But, new data from ExtraHop’s newly-released Cyber Confidence Index: Asia Pacific report shows that organizations in the Asia-Pacific region of the world aren’t just feeling the pain of cyberattacks once; they are repeat victims. Of the organizations experiencing an attack in the last five years:

  • 48% had experienced 1-5 attacks
  • 35% had experienced 6 or more
  • The overall average represents about 1 attack a year

With only 39% of organizations feeling confident about their ability to stop an attack, it begs the question what are these organizations doing to improve their cybersecurity stance? According to the report, it has a lot to do with reinvesting and refocusing of cybersecurity efforts:

  1. Larger IT Security budgets in 2022
  2. 42% of organizations will invest in network detection and response
  3. 40% will increase dedicated security staff
  4. 46% will provide better training to the security staff
  5. 47% plan on implementing Security Awareness Training (as only 21% have something in place today) to educate employees to recognize social engineering cues that would identify an attempted cyberattack.

Request A Demo: Security Awareness Training

products-KB4SAT6-2-1New-school Security Awareness Training is critical to enabling you and your IT staff to connect with users and help them make the right security decisions all of the time. This isn't a one and done deal, continuous training and simulated phishing are both needed to mobilize users as your last line of defense. Request your one-on-one demo of KnowBe4's security awareness training and simulated phishing platform and see how easy it can be!

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