181 views
Photo by Sigmund on Unsplash

62% of cybersecurity pros are struggling to keep up with evolving threats 

On average, organisations deal with 54 cyber incidents each day.

Cybersecurity professionals feel that they are losing ground against cybercriminals, admitting that they (62%) are struggling to keep up with evolving threats.

To add, only in three professionals feel "very confident" about their organisations' ability to qucikly adapt to new threats.

Trellix Research found that on average, firms deal with 54 cybercity incidents each day, whilst some (39%) cope with 50 to 200 incidents daily.

Due to security breaches, 80% of organisations have lost up to 10% of their revenue in the last twelve months.

Medium-sized lost an average of 9% in revenue, compared to 5% for large businesses, representing revenue losses of between US$500m and US$1.25b.

According to 64% of professionals surveyed, they are unable to address security threats because their firms' current security tools do not enable their security operations team to work with maximum efficiency.

To strengthen the cybersecurity of their respective firms, some 18% of professionals have implemented XDR in their organisations.

Some also plan to implement technologies such as Network Detection and Response (NDR) (38%), Security Orchestration, Automation and Response (SOAR) (36%), and Security Information and Event Management (SIEM) (35%).

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!