One in 10 businesses doesn't have an
incident response plan
Highlights:
- New Barracuda report explores why just 43% of organizations
surveyed have confidence in their ability to address cyber risk,
vulnerabilities, and attacks
- Around half find it hard to implement consistent, company-wide
security policies
- A third worry about securing the supply chain
- The report features a cyber-resilience checklist template based
on the NIST 2.0 framework
CAMPBELL, Calif., April 24,
2024 /PRNewswire/ -- Barracuda Networks, Inc., a
trusted partner and leading provider of cloud-first security
solutions, has today published the CIO report: Leading your
business through cyber risk, which explores the top governance
challenges facing companies trying to manage cyber risk and boost
their cyber resilience. The report offers practical tools such as a
checklist template, created with Barracuda's own IT and security
leadership, to help companies navigate their way to resilience.
Leveraging data from the international Cybernomics 101 study,
the report assesses how challenges relating to security policies,
management support, third-party access, and supply chains can
undermine a company's ability to withstand and respond to
cyberattacks.
Among other things, the findings show that many organizations
find it hard to implement company-wide security policies such as
authentication measures and access controls. Half (49%) of the
smaller to mid-sized companies surveyed listed this as one of their
top two governance challenges. Further, just over a third (35%) of
the smaller companies worry that senior management doesn't see
cyberattacks as a significant risk, while the larger companies are
most likely to struggle with a lack of budget (38%) and skilled
professionals (35%).
Many organizations have concerns about a lack of security and
control over the supply chain and visibility into third parties
with access to sensitive or confidential data. Around one in 10
doesn't have an incident response plan to turn to in the event of a
successful breach.
"For many businesses today, a security incident of some kind is
almost inevitable," said Siroui Mushegian, CIO of Barracuda
Networks. "What matters is how you prepare for, withstand,
respond to, and recover from the incident. This is cyber
resilience. Advanced, defense-in-depth security solutions will take
you most of the way there, but success also depends on security
governance — the policies and programs, leadership, and more that
enable you to manage risk. When NIST updated its benchmark
cybersecurity framework earlier this year, it added security
governance as a strategic priority."
The report offers practical templates to help organizations
manage cyber risk and map where they are in their journey
toward cyber resilience. The cyber resilience checklist draws
on the latest iteration of the U.S. National Institute of Standards
and Technologies (NIST) Cybersecurity Framework and can be freely
downloaded and printed from the Barracuda website.
Resources:
Get a copy of the report:
https://www.barracuda.com/reports/cyber-resilience-report
Get a standalone copy of the cyber resilience check
list: https://www.barracuda.com/reports/cyber-resilience-report
Check out the blog post: http://cuda.co/blg042424a
Methodology for the Cybernomics 101 research
The
research data comes from the Cybernomics poll of 1,917 IT security
practitioners from companies with 100 to 5,000 employees across
various industries in the United
States (522), the United
Kingdom (372), France
(329), Germany (425), and
Australia (269) in September 2023. The final sample of respondents
represented enterprises with between 100 and 5,000 employees.
All respondents are involved in the management of their
organization's IT security functions or activities.
About Barracuda
At Barracuda we strive to make
the world a safer place. We believe every business deserves access
to cloud-first, enterprise-grade security solutions that are easy
to buy, deploy, and use. We protect email, networks, data, and
applications with innovative solutions that grow and adapt with our
customers' journey. More than 200,000 organizations worldwide trust
Barracuda to protect them — in ways they may not even know they are
at risk — so they can focus on taking their business to the next
level. For more information, visit barracuda.com.
Barracuda Networks, Barracuda and the Barracuda Networks logo
are registered trademarks or trademarks of Barracuda Networks, Inc.
in the U.S. and other countries.
Contact:
Anne Campbell
Barracuda Networks, Inc.
978-328-1642
acampbell@barracuda.com
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SOURCE Barracuda Networks, Inc.