A new survey from DataSolutions shows many Irish IT experts feel their organisation is not ready to deal with emerging cybersecurity threats.

The cybersecurity landscape is constantly evolving and it can be intimidating for even the most seasoned IT professionals to keep up. New threats are constantly emerging, and this, coupled with ensuring the entire organisation is confident in its security strategy, can cause major headaches.

A new survey asked 111 high-level Irish IT decision makers about their current cybersecurity strategy and biggest concerns ahead of its annual Secure Computing Forum in the Aviva Stadium in Dublin on 20 September.

Human error is the biggest risk

The survey revealed that 60% of decision-makers would say human error is the biggest cybersecurity risk facing Irish businesses. Close to two-thirds (63%) of respondents said their organisations are not equipped to deal with all emerging threats and 76% said they expected to increase their cybersecurity spend in 2018. Some are making quite significant increases, with 30% of respondents indicating a rise in spend of more than a quarter.

Although an increase in spend is predicted, IT professionals are feeling the pinch with 51% of respondents saying cybersecurity budgets in their organisations were not high enough to invest in the required infrastructure.

There are particular threats weighing on the minds of respondents with 57% considering phishing attacks to be a serious threat, followed by malware (54%) and ransomware at 52%.

Coping with the increasing threat

David Keating, security specialist at DataSolutions, said: “It is really encouraging to see companies investing more in their cybersecurity strategy. This is needed in an ever-evolving and increasingly sophisticated threat environment. Of those surveyed, 70% recognise the highly complex nature of modern cyber threats as the leading reason why security teams are not fully prepared to face today’s challenges.”

Keating added that educating teams is a vital next step: “An increased focus on training could help equip companies for the biggest perceived security threats. From carelessness and error to phishing attacks, most of the leading security threats are heavily influenced by people and so employee cybersecurity training is a no-brainer for business leaders who are serious about cyber protection.”

Source: Silicon Republic