CyberNews Briefs

Organizations are employing cyber-resilient strategies in new ways

A new Wipro study looks at the maturing cybersecurity strategies of companies across the globe. Around 20% of firms now have a CISO directly reporting to the CEO and 15% of firms spend more than 10% of their IT budget on security. In addition, almost two-thirds (65%) of firms are monitoring and reporting on their compliance efforts, while nearly 2 in 5 (39%) have a specific cyber insurance policy.

Despite these efforts, the report shows that even though the number of major breaches dropped by 25%, 232 records are currently being exposed every second, which marks a massive 164% increase. And because threat actors are increasingly out to get highly valuable information, 38% of targeted records contained both personally identifiable information (PII) and security credentials.

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OODA Analyst

OODA Analyst

OODA is comprised of a unique team of international experts capable of providing advanced intelligence and analysis, strategy and planning support, risk and threat management, training, decision support, crisis response, and security services to global corporations and governments.