While executive confidence in cyber resilience is taking hits around the world due to the massive increase in activity in recent years, a Marsh and Microsoft survey published in June finds that it remains high in the Asia-Pacific region despite 64% of businesses now reporting that they have been hit by a cyber attack.
The rise in attacks sparked by the Covid-19 pandemic and rapid onboarding of digital services has not shaken the confidence of 70% of organizations in the region, though almost half acknowledge there is still room for improvement. The Microsoft/Marsh survey examines whether this confidence in cyber resilience stems from truly strong defensive posture, or a misunderstanding of the threat landscape.
Cyber resilience survey: Confidence may be misplaced as organizations overlook necessary controls
The survey includes the input of 660 decision makers throughout the region, in roles ranging from CEO to CISO to risk management. Over 69% said that they are confident in their organization’s risk management program, in spite of over half now having been targeted for a cyber attack (and a regional rate of attacks that is 5% greater than the global average). This optimism is…
