Fifty percent of businesses worldwide have experienced recurring attacks from the same hackers, with companies in the UK suffering the most.
The figures come from new data from Atlas VPN. The research says that out of the businesses that experienced repeated attacks, 61 percent of them did not remediate the breaches, leaving the companies vulnerable to any further attacks.
Companies in the UK have had the most cybersecurity incidents — 55 percent, followed by organisations in North America (50 percent), Europe (49 percent), and Latin America (48 percent).
The top five security threats affecting organisations are cloud vulnerabilities (65 percent), denial of service attacks (60 percent), phishing and social engineering attacks (52 percent), malicious insider threats (45 percent), as well as DNS-based attacks (44 percent).
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Low-value security alerts and shortage of staff are the main security challenges for organisations
“As long as organisations do not address existing vulnerabilities and security issues, they risk being hit by cybercriminals again. Organisations should prioritise internal processes that they can control over external security risks that they cannot,” says Ruth Cizynski, the cybersecurity researcher and writer at Atlas VPN.
Obstacles to security
The number one challenge of survey respondents is that their systems generate too many low-value security alerts. When security analytics systems cannot effectively prioritise alerts, it wastes the team’s time by asking it to clear low-value alerts while highly important alerts linger at the bottom of the queue. Therefore, 69 percent of companies see it as a significant challenge.
Shortage of staff is another prevalent issue. In total, 60 percent of companies have a shortage of in-house expertise that could utilise security technologies, 56 percent say they lack the staff to pick up the workload, while 53 percent lack employees or skills to deliver lasting data-driven outcomes.