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Creating Cyber Resilience

The need to move beyond security is more than semantics

Paige Needling
Tue, 10/15/2019 - 12:02
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Amidst a sea of alarming cybersecurity statistics, there’s one that perfectly captures today’s reality. It’s from a 2019 Trend Micro survey, which says: “80 percent of all businesses expect to be hacked this year.” Not “perhaps” or even “likely.” But will be hacked.

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And perhaps worse, only 39 percent of the 400 executives and board members surveyed (see figure 6) said their company has fully developed and implemented a cyber-defense strategy. The expectation of being hacked shows the vulnerability organizations across the board feel, not just those that have been breached or that may fit a profile of “high risk” businesses (e.g., banks or hospitals). Small and medium-sized businesses are particularly vulnerable because of their relative lack of resources compared to Fortune 500 companies.

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