Intelligent CISO Issue 77 | Page 19

cyber

TRENDS spectre of AI-powered attacks looms globally . Eight in 10 respondents predict that AI will increase the global ransomware threat . And yet , despite global information security spending projected to reach US $ 215 billion in 2024 , only 54 % of organisations feel ‘ strongly prepared ’ to respond to unauthorised access in hybrid cloud environments .
Organisations are unprepared for attacks
Survey respondents generally acknowledge weaknesses in their threat detection tools . Just one in four were able to remediate a live threat in a recent breach – while this rises to 30 % in Germany , it falls to just one-fifth in Australia and Singapore .
When tooling fails , organisations suffer more serious consequences :
• 31 % of organisations only detected a recent breach when they received an extortion threat from the adversary
• 31 % became aware only once proprietary information leaked onto the Dark Web . This is much lower in France and the UK ( around one in five ) but hits a concerning 42 % among Australian respondents
• 25 % of respondents failed to determine the root of the breach , increasing to one-third of Australian , Singaporean and US respondents
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