For Most Businesses, Cyberattacks Become Tuesdays

ARather than black swans, cyberattacks have become the new normal for businesses. That’s what the recent research by Dell confirms after surveying a thousand of IT decision-makers about the disasters and troubles the companies have survived recently. Almost half of all the reported incidents are cyberattacks.
 
They result in any kind of negative consequences a modern business can experience. Data loss, downtimes, expenses on recovery and protection – all of these costs millions to businesses, the average loss being about $1.06M. This is a significant increase from $0.96M from the last year. The percentage of cyberattacks in the entire list of problems has also grown up to 48% from the last year’s 37%.
 
The businesses do their best to adjust to the new reality. One of the methods they have recently discovered is reducing the number of security vendors they collaborate with. Trusting one vendor with everything turns out to be more reliable than hiring multiple ones: the recovering costs with the only vendor are about 34% lower.
 
Another way to minimize losses is Zero Trust architecture. This implies that verification should be repeated even by those already having the access, as well as implementing granular access and minimizing the access for everyone down to the necessary data and tools. The perimeter defense is no more considered reliable; security checks happen within it as well where necessary. These systems are more expensive to build, but they prevent way greater losses.
 
Hostile environment makes us grow fangs and claws, and businesses succeed at this. We are already curious to see the 2023 Dell Global Data Protection Index. Are you? What do you expect in the world of cybersecurity to become the next trend? Share your ideas and guesses with us in the comments!