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Survey reveals rising cyberattack worries among Chief Information Security Officers

A Proofpoint study of 1,600 worldwide Chief Information Security Officers (CISOs) shows a growing worry about cyber dangers.

According to the data, 68% of respondents believe their firms will be targeted by cyberattacks in the next 12 months, with 25% believing the risk is extremely likely. In comparison, the prior year’s study found that 48% of respondents expected an assault during the same timeframe.

The top concern for 33% of CISOs is business email compromise (BEC). Insider threats, including careless, unintentional, or illegal activities, came in second at 30%, followed by cloud account compromise and distributed denial-of-service (DDoS) assaults at 29%. Supply chain attacks, ransomware assaults, and smishing and vishing attacks were also highlighted by 27% of participants as major worries.

62% of CISOs are prepared to pay hackers ransoms in order to repair systems or avoid data leaks. This might be influenced by the fact that 71% of businesses have cyber insurance and 61% of CISOs are prepared to make claims to recoup damages. However, 62% of CISOs think that utilizing stolen credentials, they can discover and eliminate ransomware attackers before major harm occurs.

Furthermore, 61% of CISOs confessed their organization’s lack of preparation, while a separate poll of board members done the previous year found that just 47% were aware of the problem.

The sources for this piece include an article in TechRepublic.

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