"Global Firms Deal with 51 Security Incidents Each Day"

Security researchers at Trellix have found that security operations (SecOps) teams are struggling to respond to dozens of cybersecurity incidents every single day.  The researchers polled 9000 security decision makers from organizations with 500+ employees across 15 markets to compile their latest study.  The researchers noted that the average SecOps team has to manage 51 incidents per day, with 36% of respondents claiming they deal with 50 to 200 daily incidents.  Around half (46%) agreed they are “inundated by a never-ending stream of cyberattacks.”  The researchers stated that part of the problem is the siloed nature of security, detection, and response systems.  Some 60% of respondents argued that poorly integrated products mean teams can’t work efficiently, while a third (34%) admitted they have blind spots.  More than half (60%) of respondents admitted they can’t keep pace with the rapid evolution of security threats.  This could be having a significant impact on the bottom line.  The researchers noted that the vast majority (84%) of security decision-makers estimated that their organization lost up to 10% of revenue from security breaches in the past year.  Medium-size businesses ($50–$100m in revenue) lost an average of 8% in revenue, versus 5% for large companies with a turnover of $10bn–$25bn.

Infosecurity reports: "Global Firms Deal with 51 Security Incidents Each Day"