ccording to the latest Cybernews Business Digital Index analysis, only 6% of S&P 500 companies achieved an A rating, while 89% of analyzed companies scored a D (almost 49%) and F (40%) for their cybersecurity efforts.
The new analysis results reflect weak cybersecurity postures and show that most organizations haven’t raised their security standards.
Detailed data collected from multiple sources, including IOT search engines, IP and Domain name reputation databases, and custom scanners, shows the digital security posture of S&P 500 companies.
Manufacturing and real estate industries are the most vulnerable
According to the Business Digital Index, which grades businesses based on their online security measures, the Manufacturing, Real Estate and Development industries have the weakest digital security.
The biggest S&P 500 category is Manufacturing, with 138 companies on the list. 40% of the scored companies received a D rating, and 53% received an F rating. Only 3% of analyzed organizations earned an A rating for security measures.
The second-biggest category on the list is Finance and Insurance. According to the analysis, 94% of companies analyzed received a security rating of D or worse, with 22% falling into the F category.
A very similar situation exists with companies in the Healthcare and Pharmaceuticals category. Almost 10% of the companies analyzed in this category achieved an A grade. 52% of the healthcare sector scored D and 38% F.
40% of Real Estate and Development category companies received D and 48% F scores. Most (48%) of Retail and Wholesale category companies were rated D, and 38.5% got an F
The report also shows that almost 86% of companies in the Energy and Natural Resources category analyzed scored a D or worse for their cybersecurity efforts.
The Technology and IT industry has the largest share of A-level security companies (almost 13%). However, 42% of analyzed Technology and IT category companies worldwide scored D, and 39% got a barely passing grade of F.
Data breaches are one of the top issues
Researchers found that the top three issues across industries are data breaches, secure sockets layer (SSL) configuration, and system hosting issues.
Even 96% of all analyzed companies had data breaches. This is an alarming systemic issue, with Real Estate and Development, Finance and Insurance, and Manufacturing leading the way in these incidents.
Nearly every S&P 500 company (almost 98%) suffers from poor SSL practices, reflecting weak encryption standards.
Furthermore, 88.5% of companies have system hosting issues, and this problem is particularly prevalent in the Healthcare and Pharmaceuticals (97.6%) sector.
The Manufacturing industry consistently ranks among the highest in vulnerabilities across all categories, particularly in software patching total vulnerabilities (63%), data breaches (97.8%), and SSL configuration issues (100%).
Meanwhile, the least affected industry is Real Estate and Development. This industry has lower incidence rates across categories, such as software patching critical vulnerabilities (16%) and web application security issues (48%).
Research Methodology
The Cybernews research team analyzed 485 companies on the S&P 500 list. Fifteen companies could not be analyzed to evaluate an organization’s cybersecurity posture.
The report evaluates risk across seven key areas: software patching, web application security, email security, system reputation, SSL Configuration, system hosting, and data breach history. The report’s Methodology is here.
EnGenius Technologies Unveils EnGenius Cloud Advisory Board to Streamline Advanced Feature Discovery and Best Practices
Posted in Commentary with tags EnGenius on January 28, 2025 by itnerdEnGenius Technologies, a leading provider of cutting-edge networking solutions, is proud to announce the launch of EnGenius Cloud Advisory Board, an innovative new feature within the EnGenius Cloud platform. Designed to empower Managed Service Providers (MSPs), system integrators, network engineers, and IT professionals, EnGenius Cloud Advisory Board is an innovated tool that simplifies the discovery of advanced features tailored to various industry verticals. With its focused recommendations and best practice guidelines, this addition redefines how users optimize network performance across sectors such as chain stores, business offices, hotels and resorts, student housing, senior living, and multi-family units.
Streamlining Feature Discovery
Navigating the diverse ecosystem of cloud networking features can be a demanding task for IT professionals striving to deliver scalable, secure, and efficient solutions. Recognizing this, EnGenius has developed the Cloud Advisory Board to function as a dedicated resource that eliminates the guesswork in locating features best suited for specific industries. The tool intelligently filters through EnGenius Cloud’s rich set of functionalities, directing users to solutions that optimize network operations in their unique environments.
Transforming Industry Verticals
The EnGenius Cloud Advisory Board offers tailored recommendations for a wide array of industries, ensuring network solutions are optimized for their distinct operational requirements. Key benefits include:
By aligning advanced features with industry’s best practices, EnGenius Cloud Advisory Board positions users to achieve superior operational efficiency, customer satisfaction, and competitive edge.
Empowering Professionals with Best Practices
In addition to pinpointing advanced features, Cloud Advisory Board provides users with actionable insights and best practice guidelines for deploying EnGenius Cloud solutions in their respective industries. These expert recommendations cover critical areas, including network design, security, scalability, and performance optimization. As a result, IT professionals can confidently deploy tailored networking solutions that meet the highest standards of reliability and effectiveness.
Enhanced Value for MSPs, System Integrators, and IT Teams
EnGenius Cloud Advisory Board is particularly valuable for MSPs, system integrators, and IT teams who manage networks across diverse environments. By reducing the time spent on trial and error and simplifying the deployment of advanced features, the tool ensures these professionals can:
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