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A Third of Global Organizations Were Breached Over Seven Times in the Past Year

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DALLAS, Nov. 21, 2022 /PRNewswire/Trend Micro Incorporated (TYO: 4704; TSE: 4704),
a global cybersecurity leader, today announced that 32% of global
organizations have had customer records compromised multiple times over
the past 12 months as they struggle to profile and defend an expanding
attack surface.

The findings come from Trend Micro’s semi-annual Cyber Risk Index (CRI) report, compiled by the Ponemon Institute from interviews with over 4,100 organizations across North America, Europe, Latin/South America, and Asia-Pacific.

Customer records are at increased risk as organizations struggle to profile and defend an expanding attack surface.

Jon Clay, VP of threat intelligence at Trend Micro:
“You can’t protect what you can’t see. But with hybrid working ushering
in a new era of complex, distributed IT environments, many
organizations are finding it difficult to eradicate growing security
coverage and visibility gaps. To avoid the attack surface spiraling out
of control, they need to combine asset discovery and monitoring with
threat detection and response on a single platform.”

The CRI
calculates the gap between organizational preparedness and the
likelihood of being attacked, with -10 representing the highest level of
risk. The global CRI index moved from –0.04 in 2H 2021 to –0.15 in 1H
2022, indicating a surging level of risk over the past six months.

This
trend is also reflected elsewhere in the data: the number of global
organizations experiencing a “successful” cyber-attack increased from
84% to 90% over the same period. Unsurprisingly, the number now expected
to be compromised over the coming year has also increased from 76% to
85%.

Some of the top preparedness risks highlighted by the index
report are related to attack surface discovery capabilities. It is often
challenging for security professionals to identify the physical
location of business-critical data assets and applications.

From
the business perspective, the biggest concern is the misalignment
between CISOs and business executives. Based on the scores given by the
respondents, “My organization’s IT security objectives are aligned with
business objectives” only has a score of 4.79 out of 10.

By
addressing the shortage of cybersecurity professionals and improving
security processes and technology, organizations will significantly
reduce their vulnerability to attacks.

Dr. Larry Ponemon, chairman
and founder of Ponemon Institute: “The CRI continues to provide a
fascinating snapshot of how global organizations perceive their security
posture and the likelihood of being attacked. The stakes couldn’t be
higher in the face of stiff macroeconomic headwinds. Respondents pointed
to the high cost of outside expertise, damage to critical
infrastructure, and lost productivity as the main negative consequences
of a breach.”

To read a full copy of the latest Cyber Risk Index, please visit: www.trendmicro.com/cyberrisk

Overall, respondents rated the following as the top cyber threats in 1H 2022:

  1. Business Email Compromise (BEC)
  2. Clickjacking
  3. Fileless attacks
  4. Ransomware
  5. Login attacks (Credential Theft)

About Trend Micro
Trend Micro, a global
cybersecurity leader, helps make the world safe for exchanging digital
information. Fueled by decades of security expertise, global threat
research, and continuous innovation, Trend Micro’s cybersecurity
platform protects hundreds of thousands of organizations and millions of
individuals across clouds, networks, devices, and endpoints. As a
leader in cloud and enterprise cybersecurity, the platform delivers a
powerful range of advanced threat defense techniques optimized for
environments like AWS, Microsoft, and Google, and central visibility for
better, faster detection and response. With 7,000 employees across 65
countries, Trend Micro enables organizations to simplify and secure
their connected world. www.TrendMicro.com.

SOURCE: Trend Micro Incorporated

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