51% organizations not ready to face cybersecurity threats

The inaugural FireEye Cyber Trendscape Report surveyed over 800 CISOs and other senior executives across North America, Europe, and Asia to uncover attitudes towards some of cyber security’s most prevalent topics. Further, this global snapshot offers a context that can aid critical planning discussions with key stakeholders.

Most of the organizations surveyed (over 90%) believe that the cyber threat landscape will stay the same or worsen in 2020. Further, the majority (51%) of organizations do not believe they are ready for or would respond well to a cyberattack or breach event. Moreover, 29% of organizations with cyberattack and breach response plans in place have not tested or updated them in the last 12 or more months.

Participating organizations were remarkably consistent in their views and perspectives of cybersecurity. And, to address thesse concerns, the vast majority (76%) of organizations plan to increase their cybersecurity budget in 2020.