Survey: Only Half Of Organizations Believe They Can Stop Cyber Attacks

According to a new global survey from CyberArk (NASDAQ: CYBR), 50 percent of organizations believe attackers can infiltrate their networks each time they try. As organizations increase investments in automation and agility, a general lack of awareness about the existence of privileged credentials – across DevOps, robotic process automation (RPA) and in the cloud – is compounding risk.
According to the CyberArk Global Advanced Threat Landscape 2019 Report, less than half of organizations have a privileged access security strategy in place for DevOps, IoT, RPA and other technologies that are foundational to digital initiatives. This creates a perfect opportunity for attackers to exploit legitimate privileged access to move laterally across a network to conduct reconnaissance and progress their mission.
Preventing this lateral movement is a key reason why organizations are mapping security investments against key mitigation points along the cyber kill chain, with 28 percent of total planned security spend in the next two years to focus on stopping privilege escalation and lateral movement.

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John Evans

Customer Success Manager John has over 15 years’ experience in managing clients and helping them achieve their desired outcomes. John heads up our customer success and community management at IndustrialCyber, taking care of clients’ needs, inquiries and advertising.