CyberNews Briefs

Research finds 2019 increase in breaches and cybersecurity spending

Cyberattack volume rose by 17% in the past year, while the severity of attacks jumped by 30%, a new report by ServiceNow and Ponemon shows. In response to these trends, companies have increased the cybersecurity budgets by 24%.

One major pain point is vulnerability management, with companies needing 12 days on average to install security patches, while the average patch time for critical vulnerabilities was ever higher: 16 days. According to Sean Convery of ServiceNow, “companies saw a 30% increase in downtime due to patching of vulnerabilities, which hurts customers, employees and brands.”

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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.