Among the many challenges businesses contend with in the global marketplace today, the 11th Allianz Risk Barometer 2022 ranks cybersecurity threats as the most important business risk. This proves beyond any doubt that enterprises are experiencing increasing threats and full-on attacks to their information technology systems. To safeguard their network systems and entire security architecture, enterprise decision-makers (particularly IT security leaders) must monitor the evolving trends to discover the best ways to stay protected against adversaries.
While cybersecurity investments have increased significantly in recent years, with a record-breaking $21.8 billion in venture capital pumped into cybersecurity companies last year, the impact of malicious actors continues to worsen. In the just-concluded CyberWeek 2022, Menny Barzilay, CTO of the Interdisciplinary Cyber Research Center (ICRC) at Tel-Aviv University, said that despite all the great solutions we see today, cybersecurity challenges persist and companies are still getting hacked. Lindy Cameron, CEO of the UK’s National Cyber Security Centre (NCSC), also noted that ransomware attacks strike hard and fast and are evolving rapidly, making them one of the strongest threats to cybersecurity.
To help organizations bolster their efforts in combating today’s most compelling cyber threats, Cybersecurity Insiders and HelpSystems teamed up to create the 2021 Malware Report — a compendium of insights into the latest trends, key challenges and solutions to malware and ransomware, especially over the next 6 – 12 months. The report assesses responses from 367 C-level and technical professionals in organizations of varying sizes and across multiple industries.
Below are some of the key findings in the report.