Any organization with data assets is a possible target for an attacker. Hackers use various forms of advanced cyberattack techniques to obtain valuable company data; in fact, a study by the University of Maryland showed that a cyberattack takes place every 39 seconds, or 2,244 times a day on average. This number has increased exponentially since the COVID-19 pandemic forced most employees to work remotely, and drastically increased the attack surface of organizations around the world.
ESG research on cyber risk management, which involved 340 cybersecurity professionals, revealed that 40 percent felt tracking patch and vulnerability management over time was their biggest challenge.
Image source Business technology generally advances on a rapid basis, however, so do the cyberthreats that can endanger your security. According to BusinessWire, more than half of enterprises believe that their security cannot keep up, and according to IBM News Room, more than half of organizations with cybersecurity incident response plans fail to test them.