In previous months, Cisco spoke that through technological progress, the demand for digital products and services tended to turn companies into an even greater cybernetic target, and that cybersecurity resilience should also be one of the main priorities of companies. companies when it comes to defending themselves against a rapidly evolving threat landscape that demands anticipation, identification and resistance to cyber threats in case they occur, and being able to recover quickly, guaranteeing more value and protection to the organization in the face of future times .
This time, according to a new Cisco index titled ‘Cisco Cybersecurity Readiness Index’, Only 15% of companies around the world are prepared to face today’s cybersecurity risks.
Built against the backdrop of a hybrid post-COVID-19 pandemic world, this index that users and data must be protected wherever work takes place, highlights where companies are doing well and where cybersecurity readiness gaps will grow if business and industry leaders world security do not take adequate measures.
In this sense, from Cisco they have outlined that companies have had to pose new and unique cybersecurity challenges, since they have gone from an operating model that was largely static -in which people operated from individual devices from the same location, connecting to a static network – to a hybrid world in which they increasingly operate from different devices in multiple locations, connecting to various networks, and accessing applications in the cloud and while generating enormous amounts of data.
“Cisco Cybersecurity Readiness Index: Measures companies’ readiness to maintain cybersecurity resilience in the face of modern threats. These measures cover five basic pillars that form the baseline of the necessary defenses: identity, devices, network, application workloads and data, and encompasses 19 different solutions within the pillars.they commented and also explained that The study is based on an anonymous survey, conducted by an independent third party of 6,700 private sector cybersecurity executives from 27 markets who also indicated which solutions they had implemented and at what stage they were.
Below are some of the findings that they were able to obtain by classifying the companies into four stages of increasing readiness: Beginning, In Formation, In Process, and Ready.
In the first place, in the results of the index it was possible to observe that in addition to the crude verification that only 15% of the companies are in the correct phase of preparation, more than half (55%) of the companies of the entire In the world they are in the beginner (8%) or training (47%) phases, which means for them that their preparation in terms of cybersecurity is below average.
In context, they point out that this training gap is revealing, especially since 82% of respondents said they expect a cybersecurity incident to disrupt their business in the next 12 to 24 months. In response to this, from Cisco they warned that the cost of not being prepared can be considerable, as 60% of those surveyed reportedly also claimed to have suffered a cybersecurity incident in the last 12 months, and among that percentage, 41% of them revealed that it cost their company at least $500,000.
Ghassan Dreibi, Director of Cybersecurity for Cisco Latin America, explained that as companies set their budgets, they need to think about cybersecurity differently, because threats are everywhere. “Individual strategies are no longer effective, they focus mostly on threat prevention, on creating silos that can be exploited and where they do not take into account the business as a whole”he warned.
For his part, Jeetu Patel, executive vice president and general manager of security and collaboration, Ciscocommented that the move to a hybrid world has fundamentally changed the landscape for businesses and created even greater cybersecurity complexity. “Organizations need to stop tackling defense with a mix of point tools and instead consider integrated platforms to achieve security resiliency while reducing complexity”Patel said.
“Only then can companies close the cybersecurity readiness gap”he added.
Having said that, From Cisco, they maintain the premise that as these companies invest in their cybersecurity preparation, confidence in their resilience will also improve. Based on their results, currently, of companies classified as prepared, 53% say they are “very confident” in their ability to deal with risks. On the other hand, only 30% of the companies in the beginner phase and 34% in the training phase think the same.
“Business leaders must establish a “readiness” foundation in the five pillars of security to build secure and resilient organizations. This need is especially important given that 86% of those surveyed plan to increase their security budgets by at least 10% in the next 12 months.”they commented.
“By establishing a foundation, organizations can build on their strengths and prioritize the areas where they need the most strength and improve their resilience”they concluded.
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