Two-thirds (66%) of cybersecurity leaders in the U.S. are not confident in the effectiveness of their current strategies for evaluating and mitigating major cyber risks.
That’s the conclusion of Critical Start, a 2023 MSSP Alert Top 40 managed detection and response (MDR) service provider, in a new study.
How Confident are Security Leaders?
Critical Start’s 2023 Cyber Risk Confidence Index study for the first half of this year analyzes the confidence levels IT security leaders have in their existing approach to reducing cyber risk, and how well their current strategies align to their organization’s risk profile.
Accordingly, for top line data, 83% of IT security leaders said their company prioritizes the cost of security over the risk of a breach. In addition, 67% of organizations said they have been breached in the past two years, despite having traditional threat-based detect and respond security solutions in place. And 61% of respondents claim their organization’s cybersecurity investment and quantifiable risk reduction priorities are not fully aligned.
Randy Watkins, chief technology officer at Critical Start, explained the…
