Intelligent CISO Issue 53 | Page 9

98 % of UK businesses experienced a security incident in the last 12 months
A organisations experienced some form of a security incident in the last 12 months , according to a new report from Barracuda Networks ( Barracuda ), a trusted partner and leading provider of cloud-enabled security solutions .
Cyberthreats within digital ecosystems may be an enterprise blind spot , reveals new study from TCS
T announced findings from its
news

98 % of UK businesses experienced a security incident in the last 12 months

significant 98 % of UK

A organisations experienced some form of a security incident in the last 12 months , according to a new report from Barracuda Networks ( Barracuda ), a trusted partner and leading provider of cloud-enabled security solutions .

The report , titled The State of Industrial Security in 2022 , surveyed 800 senior IT managers , senior IT security managers and project managers responsible for Industrial Internet of Things ( IIoT )/ Operational Technology ( OT ) in their organisation to get their perspectives on IIoT / OT security projects , implementation challenges , security incidents , technology investments and a variety of issues related to cybersecurity risks .
The data revealed that web application attacks were the most common security incident for UK organisations , with 45 % encountering at least one in the last 12 months . Additionally , 29 % suffered from a malicious external hardware or removable media , 36 % encountered a DDoS attack , 31 % had remote access compromised and 29 % encountered a compromised supply chain .
Nearly one in 10 ( 9 %) UK businesses said that the worst security incident they suffered in the last 12 months had a ‘ significant ’ impact on their organisation and led to a complete shutdown of all devices or locations . Furthermore , 39 % said their worst incident had a moderate impact , whereby a large number of devices or several locations were impacted and 50 % said minimal impact was observed , where a few devices or just one location was impacted . Only 2 % said no impact was experienced at all .

Cyberthreats within digital ecosystems may be an enterprise blind spot , reveals new study from TCS

ata Consultancy Services ( TCS )

T announced findings from its

TCS Risk & Cybersecurity Study , which reveals that cyber-executives may not be sufficiently prioritising threats from vulnerabilities within the value chain , beyond the immediate boundaries of their own organisations .
When asked to rank where companies will see the greatest number of cyberattacks between now and 2025 , ecosystem partners came in last place ( 10th ). At a time when enterprises are increasingly banking on digital ecosystems for their growth strategies , TCS ’ survey shows that only 16 % of
Chief Risk Officers ( CROs ) and Chief Information Security Officers ( CISOs ) ranked digital ecosystems as a concern when assessing expected cyber targets and only 14 % listed the risks from such ecosystems as the top priority arising out of board-level discussions .
“ Companies across the globe are increasingly turning to digital ecosystems of partners , vendors and even competitors to reimagine and grow their business ,” said Santha Subramoni , Global Head , Cybersecurity , TCS . “ Ignoring the threats originating from these ecosystems represents a blind spot which needs to be addressed urgently . One way of reducing the probability of an attack within digital supply chains is to implement a ‘ Zero Trust ’ policy – a framework based on the principle of ‘ never trust , always verify ,’ applied not only to humans but also machines .” www . intelligentciso . com
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