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New research reveals a staggering 81% of C-suite leaders feel confident in theircybersecuritydefenses.
The harsh reality paints a different pictureover 1 billion records were stolen in the first half of 2024 alone.
This alarming disconnect between perceived and actual cybersecurity readiness poses significant risks to organizations.
Chief Product Officer of VikingCloud.
However, only 18% of frontline managers share this optimism.
Frontline managers report significantly higher figures, with 55% saying attacks against their organization have increased in frequency.
This disparity highlights a critical gap in the C-suites understanding of the threat landscape their organizations and managers face.
This overconfidence is concerning, especially considering the growing sophistication of hackers.
55% of companies believe that modern cybercriminals are more advanced than their internal teams.
58% of frontline managers are underreporting cyber incidents out of fear of losing their jobs.
There are multiple levels to this problem, starting with capacity and fear.
Many fear they will be fired when breaches become public.
Cyber alert fatigue also plays a role.
Excessive information and false positives are overwhelming security teams, leading to dangerous delays in response times.
This lack of transparency from the C-suite to frontline managers has dire consequences.
If incidents are not reported or properly communicated, the C-suite is left in the dark and cant act.
Prioritize technology that supports teams:Technology should enable cybersecurity teams, not hinder them.
Investing in tools that alleviate the talent shortage, provide resources, and reduce cyber alert fatigue is essential.
If teams arent supported, they cant do their job effectively.
Foster a culture of transparency:Create an environment whereemployeesfeel safe reporting cyber incidents without fear of reprisal.
Its impossible to fix what you dont know, and underreporting only compounds the problem.
Defending your organization against cyberattacks is not easy.
And when your executives and team arent on the same page, its nearly impossible.
Closing this gap is an essential step to protect against the ever-evolving threats in todays cyber landscape.
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