"The BCI Cyber Resilience Report 2023"

BCI's latest Cyber Resilience Report, sponsored by Daisy, explores the levels of disruption and cyber resilience arrangements across organizations, as well as the reporting and role of senior executives in developing cyber resilience strategies. Although 74 percent of respondents reported an increase in cyberattacks over the last 12 months, most organizations rated the impact of these attacks as small to medium. A growing number of companies are taking proactive measures to lessen the impact of cyberattacks. The report proves taking a more proactive approach to cybersecurity results in fewer negative effects on organizations. Several organizations are using dedicated technologies to boost the likelihood of an early warning and a quicker, more efficient response. Regarding their most recent cyber incident, 39.9 percent of respondents were alerted by a Security Information Event Management (SIEM) system, whereas 35.2 percent received an antivirus or End Detection and Response (EDR) alert. Using these tools typically results in the detection of an attack before business effects are recorded. However, 14.5 percent of organizations realized a cyberattack was occurring as a result of a system failure, which runs the risk of customer impacts and reputational damage while also forcing the organization to have a more reactive, slower response. This article continues to discuss key findings from BCI's 2023 Cyber Resilience Report. 

Continuity Central reports "The BCI Cyber Resilience Report 2023"