Trend Micro Incorporated has announced the findings of its latest global Cyber Risk Index (CRI) for the second half of 2022. According to the results, the overall global cyber-risk levels have improved from “elevated” to “moderate” for the first time. While North America and Canada still stand at an elevated risk level, Canada received a score of -0.03, which shows an improvement compared to the first half of the year (-0.30).
Results also revealed almost two-thirds (60%) of Canadian organizations still anticipate they’ll be breached in the next 12 months, with almost one-out-of-five (18%) claiming this is “very likely” to happen.
Additionally, the CRI found that cyber-preparedness improved in Europe and APAC but declined slightly in Latin and North America over the past six months, with Canada going from a score of 5.31 in the first half of 2022, to a score of 5.18 (staying at a moderate risk). Moreover, the threat index went from 5.61 in the first half of 2022 to 5.21; a 7.1% decrease in the last six months.
Despite this improvement, most Canadian organizations are still pessimistic about their prospects over the coming year. The CRI found that most respondents in Canada said it was “somewhat to very likely” they’d suffer a breach of customer data (61%) or Information assets (e.g. intellectual property) (60%) or a successful cyber-attack (69%).
These figures represent a decrease of 14%, 19% and 17%, respectively, from the last report.
At a global level, the top four threats listed by respondents in the CRI 2H 2022 remained the same from the previous report:
- Clickjacking
- Business Email Compromise (BEC)
- Ransomware
- Fileless attacks
“Botnets” replaced “login attacks” in fifth place.
Global respondents also named employees as representing three of their top five infrastructure risks:
- Negligent insiders
- Cloud computing infrastructure and providers
- Mobile/remote employees
- Shortage of qualified personnel
- Virtual computing environments (servers, endpoints)
Based on the global survey results, the greatest areas of concern for businesses related to cyber-preparedness are:
People: “My organization’s senior leadership does not view security as a competitive advantage.”
Process: “My organization’s IT security function doesn’t have the ability to unleash countermeasures (such as honeypots) to gain intelligence about the attacker.”
Technology: “My organization’s IT security function does not have the ability to know the physical location of business-critical data assets and applications.”
*The six-monthly Cyber Risk Index was compiled by the Ponemon Institute from interviews with 3729 global organizations. The index is based on a numerical scale of -10 to 10, with -10 representing the highest level of risk. It is calculated by subtracting the score for cyber threats from the score for cyber-preparedness.
To read a full copy of the Trend Micro Cyber Risk Index (CRI) 2H 2022*, please visit:https://www.trendmicro.com/en_us/security-intelligence/breaking-news/cyber-risk-index
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More Than Two-Thirds Of Canadian Organization Say They Could Be Victims Of A Cyber-Attack This Year
Trend Micro Incorporated has announced the findings of its latest global Cyber Risk Index (CRI) for the second half of 2022. According to the results, the overall global cyber-risk levels have improved from “elevated” to “moderate” for the first time. While North America and Canada still stand at an elevated risk level, Canada received a score of -0.03, which shows an improvement compared to the first half of the year (-0.30).
Results also revealed almost two-thirds (60%) of Canadian organizations still anticipate they’ll be breached in the next 12 months, with almost one-out-of-five (18%) claiming this is “very likely” to happen.
Additionally, the CRI found that cyber-preparedness improved in Europe and APAC but declined slightly in Latin and North America over the past six months, with Canada going from a score of 5.31 in the first half of 2022, to a score of 5.18 (staying at a moderate risk). Moreover, the threat index went from 5.61 in the first half of 2022 to 5.21; a 7.1% decrease in the last six months.
Despite this improvement, most Canadian organizations are still pessimistic about their prospects over the coming year. The CRI found that most respondents in Canada said it was “somewhat to very likely” they’d suffer a breach of customer data (61%) or Information assets (e.g. intellectual property) (60%) or a successful cyber-attack (69%).
These figures represent a decrease of 14%, 19% and 17%, respectively, from the last report.
At a global level, the top four threats listed by respondents in the CRI 2H 2022 remained the same from the previous report:
“Botnets” replaced “login attacks” in fifth place.
Global respondents also named employees as representing three of their top five infrastructure risks:
Based on the global survey results, the greatest areas of concern for businesses related to cyber-preparedness are:
People: “My organization’s senior leadership does not view security as a competitive advantage.”
Process: “My organization’s IT security function doesn’t have the ability to unleash countermeasures (such as honeypots) to gain intelligence about the attacker.”
Technology: “My organization’s IT security function does not have the ability to know the physical location of business-critical data assets and applications.”
*The six-monthly Cyber Risk Index was compiled by the Ponemon Institute from interviews with 3729 global organizations. The index is based on a numerical scale of -10 to 10, with -10 representing the highest level of risk. It is calculated by subtracting the score for cyber threats from the score for cyber-preparedness.
To read a full copy of the Trend Micro Cyber Risk Index (CRI) 2H 2022*, please visit:https://www.trendmicro.com/en_us/security-intelligence/breaking-news/cyber-risk-index
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This entry was posted on May 5, 2023 at 2:33 pm and is filed under Commentary with tags Trend Micro. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.