"Three-quarters of Security Pros Believe Current Cybersecurity Strategies Will Shortly Be Obsolete"
Security researchers at Crossword Cybersecurity Plc surveyed more than 200 CISOs and senior cybersecurity professionals and found that 40% of respondents said their current cybersecurity strategy will likely be outdated in just two years. A further 37% said this would happen in three years. The researchers stated that due to the increasing number of cyberattacks coupled with constant tech innovation means, companies must continuously update their cybersecurity strategies. More than three-fifths (61.4%) of participants marked themselves as “fairly confident” in their ability to thwart cyberattacks. The researchers noted that less than half (44%) of respondents said they had the means necessary to protect their organization against immediate and mid-term risk, alongside tech trends. The researchers stated that boards must make sure CISOs have the budget necessary to get short-term issues under control and then begin planning a long-term business-wide strategy. The researchers noted that cybersecurity pros presently believe companies are predominantly focused on short-term priorities, namely software verification and ransomware attacks. In the next 12 months, three-quarters of respondents stated that software verification would be a crucial focus, while 69% of those surveyed said they would transition to the cloud. Additionally, two-thirds (67%) of participants said they would focus on handling the threat of ransomware attacks.