30% of attacked enterprises estimated their
financial damage from cyber threats to be at least $50,000, compared to just 17% among organizations
overall.
FRISCO,
Texas, Sept. 17, 2024 /PRNewswire/ -- Netwrix, a
vendor that delivers effective and accessible cybersecurity to any
organization, today revealed additional findings for the
enterprise sector (organizations with more than 1,000
employees) from its annual global 2024 Hybrid Security Trends
Report.
According to the survey, 84% of organizations in
the enterprise sector spotted a cyberattack within the last 12
months, compared to only 65% in 2023. The most common security
incidents are phishing, user or admin account compromise, and
ransomware or other malware attack.
"The surge in the attack rates across
organizations of all sizes, including the enterprise sector, may
indicate that threat actors found AI automation extremely
beneficial. With the introduction of AI, sending a massive number
of phishing emails and probing systems and services for
vulnerabilities is only a matter of orchestration on those
platforms operated by cybercriminals. Constant pressure stresses
the security teams and might lead to reduced and worn-out
protection levels. To ease this burden, organizations should
consider involving third-party investigators as a part of their
incident response plan. It will help offload the internal security
team when dealing with an ongoing attack," says Dirk Schrader, VP of Security Research and Field
CISO EMEA at Netwrix.
For 53% of attacked large organizations, a
security incident resulted in additional unexpected expenses to fix
security gaps. Each fifth enterprise faced compliance fines (22%)
and a reduced competitive edge (21%). Moreover, 30% of enterprises
estimated their financial damage from cyber threats to be at least
$50,000, compared to just 17% among
organizations overall.
"Typically, large enterprises have already
implemented the basic security controls and thus must address more
complex and costly issues in the aftermath of an attack. Where a
smaller organization may have a quick fix available and can accept
certain risks, enterprises must invest in the security team,
process changes, and tooling to close even the smallest gaps
exploited by the attacker," says Ilia
Sotnikov, Security Strategist at Netwrix.
About Netwrix
Netwrix champions cybersecurity to ensure a
brighter digital future for any organization. Netwrix's innovative
solutions safeguard data, identities, and infrastructure reducing
both the risk and impact of a breach for more than 13,500
organizations across 100+ countries. Netwrix empowers security
professionals to face digital threats with confidence by enabling
them to identify and protect sensitive data as well as to detect,
respond to, and recover from attacks.
For more information, visit www.netwrix.com.
CONTACT:
Erin Jones
Avista PR for Netwrix
P: 704.664.2170
E: pr@netwrix.com
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SOURCE Netwrix