More than a third of public sector organisations struggle to deal with 26-50 cyberattacks daily.
That’s according to new research by Trellix, which also found that only 31 percent of cybersecurity pros in the public sector are confident in their ability to adapt to new threats.
The public sector claims a lack of skilled workers to manage various tools and processes (57 percent), failure to adhere to security policies and procedures (56 percent), and being held back by limitations of cybersecurity infrastructure (55 percent) as its biggest challenges.
There are also siloed security challenges: 87 percent current security model is siloed, and 33 percent find it siloed and have no plans to change
It is also dealing with the high cost of cybersecurity solutions and services (41 percent), detecting and responding to advanced threats (38 percent), and a lack of skilled resources (38 percent).
However, the public sector sees the greatest cyber threats as employee error (46 percent), followed by 40 percent insider threats, 34 percent phishing or spear phishing attacks, and 25 percent cloud services.
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When it comes to a loss of revenue from security breaches: 12 percent experience a 11-15 percent loss, 38 percent a 6-10 percent loss; 46 percent a 1-5 percent loss.
Meanwhile, 58 percent find that security threats are evolving so rapidly that they’re struggling to keep up. Fifty-three percent find that their security infrastructure in unable to flex to their needs and 58 percent agree that they are hampered by a patchwork of security solutions.
Forty-two percent find that cybersecurity does not get the attention it deserves at board level. However, 65 percent are confident in their organisations ability to quickly adapt to new threats.
Sixty-one percent want to change or update their current security model to successfully predict, detect and respond in real-time to attacks; another 61 percent have increasing their investment in cybersecurity over last 12 months
“Siloed, static security doesn’t offer an efficient defence against dynamic threats,” said Fabien Rech, SVP EMEA, Trellix. “Many UK businesses are recognising the opportunity to build a more resilient organisation today with adaptive security. By consolidating all their security products into an interconnected XDR architecture, businesses can improve detection, response, and remediation capabilities. Taking this approach allows security teams to regain confidence, giving them the upper hand while protecting the business – and the bottom line – from cybercriminals.”