Public and private sector organizations find themselves short-handed even as the frequency and sophistication of attacks and threats rises, according to Crowd Research Partners’ 2017 Cybersecurity Trends Report.
Crowd Research Partners joined with 13 cybersecurity vendors to produce its latest annual report on cybersecurity trends, which covers threat management, data protection, cloud security, application security, ERP security, mobile security, security training and certification and managed security, as well as other trends, according to a news release.
“Based on a comprehensive survey of more than 1,900 cybersecurity professionals, the 2017 cybersecurity trends report reveals that organizations are struggling with a worsening cyber skill shortage while facing rising threat levels,” said Holger Schulze, founder of LinkedIn’s 350,000-member Information Security Community, in a press release.
“The good news is that budgets are increasing for many organizations to invest in security training, outsourced security services, and cybersecurity technologies.”
Cybersecurity Trends Data – Key Findings
Among the other key takeaways from Crowd Research Partners latest annual cybersecurity trends data report:
Cybersecurity Budgets Increase as Security Professionals Anticipate More Attacks – With 54% of cybersecurity professionals anticipating successful cyberattacks on their organization in the next 12 months, it is no surprise that 46% are boosting their security budget by an average of 21%. The focus areas where companies will increase security spend include cloud infrastructure (33%), training / education (23%) and mobile devices (23%).
Training and Managed Security Are Top Remedies to Cybersecurity Skill Shortage – To overcome security challenges and create a stronger security posture, 54% of organizations want to train and certify their current IT staff. Internal training is followed by partnering with a managed security service provider (29%), and leveraging security technology solutions (27%).
Key Priorities to Better Manage Cyber Threats – To better manage cyber threats and reduce the risk of a security breach, companies prioritize three key capabilities including improved threat detection (62%) followed by better analytical capabilities (43%) and threat blocking (39%).