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Firms Struggle With Security, but MSSPs Can Help

Cloud security Firms Struggle With Security, but MSSPs Can Help These takeaways highlight why companies need to be more proactive in their security plans and why they should get help from managed security service providers. Costly Mistakes The IT professionals surveyed reported that the average cost of cyber-attacks to their organization was between $50,000 and […]

Written By: Gina Roos

Nov 22, 2016

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Cloud security

Firms Struggle With Security, but MSSPs Can Help

These takeaways highlight why companies need to be more proactive in their security plans and why they should get help from managed security service providers.

Costly Mistakes

The IT professionals surveyed reported that the average cost of cyber-attacks to their organization was between $50,000 and $100,000.

Getting Ready

82% said their company has a cyber-security or cyber-attack readiness plan in place.

Growing Threats

42% of the respondents said their company has been the victim of a cyber-attack.

Biggest Risks

53% said employees are the biggest source of cyber-attacks, followed by non-employees working as part of a group (18%) and non-employees working alone (15%).

Common Causes of Cyber-Attacks

Testing and monitoring system failure: 21%

Advanced persistent threats (APTs): 15%

Employee error: 14%

Lost equipment : 7%

Main Goals of Security Plans

Attack prevention: 50%

Recovery of loss from attack: 19%

Continuity of business during attack: 18%

Organizational response to attack: 13%

Protection Gaps

25% of respondents said their company’s cyber-security plan partially covers on-premise IT environments, devices and technologies. 30% said the plan partially covers cloud IT environments, devices and technologies.

Faulty Security

43% said attacks could have been prevented with a more comprehensive cyber-security policy; 37% said they could have used better tools and methods for testing and monitoring; and 21% said they needed better communication of security policies to employees.

Coming to the Rescue

66% of the organizations surveyed use third-party consultants or MSSPs to develop or implement security plans, and 69% found those services to be “very helpful.”

Choosing the Cloud

83% of respondents said their organization uses cloud-based infrastructure or applications, and 22% said cloud-based systems were more cost-effective than on-premise security solutions.

Tech That’s Most at Risk

Desktop and laptops: 59%

Databases: 57%

Web servers: 57%

Network security devices: 53%

Mobile devices: 43%

Application servers: 42%

Firms Struggle With Security, but MSSPs Can Help

Gina Roos

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