Intelligent CIO Middle East Issue 78 - Page 28

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Acronis Cyber Protection Week Global Report 2022 reveals growing threats

Acronis , a global cyber protection solution vendor , has released its annual Cyber Protection Week Global Report 2022 . The report which surveyed over 6,200 IT users and IT managers from small businesses to enterprises across 22 countries , exposes some of the most critical shortcomings appearing in cyber protection practices today , examines why they ’ re appearing and offers guidance on how they can be fixed .

One of our key findings last year was that 80 % of organisations ran as many as 10 solutions simultaneously for data protection and cybersecurity – yet more than half of them suffered downtime because of data loss . Clearly , more solutions do not translate into more protection .
This year , we see that trend getting worse : while 78 % of organisations globally run as many as 10 different solutions , 76 % of organisations experienced downtime due to data loss – a 25 % increase from 2021 . This downtime stemmed from a number of sources , including system crashes ( 52 %), human error ( 42 %), cyberattacks ( 36 %) and insider attacks ( 20 %).
Attackers don ’ t discriminate when it comes to means or targets , so strong and reliable security is no longer an option , it ’ s a necessity .
As a result , 61 % of global organisations ’ IT teams now report a preference for integrated solutions
that replace their complicated stacks of cybersecurity and data protection tools with a single , unified console .
“ As the entire world is increasingly at risk from different types of attacks , accelerating to universal all-in-one solutions is the only way to achieve truly complete cyber protection . And that ’ s precisely the problem Acronis has set out to solve ,” said Candid Wuest , VP , Cyber Protection Research , Acronis . “ Attackers don ’ t discriminate when it comes to means or targets , so strong and reliable security is no longer an option , it ’ s a necessity .”
Overconfidence as a trend : IT teams are overselling their readiness
The survey traced another worrying trend that is responsible for cyber defences lowering and increasing IT security budgets :
70 % of organisations ’ IT managers claim to have automated patch management . However , based on any reliable industry research , only a handful of companies follow the 72-hour “ golden time ” for patch management .
82 % also claim to have ransomware protection and remediation . Yet , successful attacks occur weekly and the size of ransom demands grows each year .
20 % claimed to be testing backup restoration weekly . Again , not consistent with any other industryissued data .
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