Highlights –

  • 65% of respondents said that they have seen an increase in cyberattacks, and 49% said the firm suffered a data breach over the past two years.
  • Overall, it has been difficult for cybersecurity professionals to handle the attacks and security issues.

A report by Splunk has revealed that security leaders and teams are finding it tough to keep up with the more prominent threat landscape. The report surveyed over 1,200 IT and security leaders and practitioners worldwide. It found out that 65% of them have encountered increased attempted cyberattacks.

This increase in the number of cyberattacks indicates so many issues surrounding the cybersecurity industry, all of which are giving high weightage to the exhausted security workforce.

The biggest challenge for organizations is a notable rise in ransomware cyberattacks as they have made data breaches costly and draining. About 79% of the IT security leaders said they encountered ransomware attacks, and 35% admitted that one or more of those attacks led them to lose access to crucial data and systems.

Security teams are trying to overcome the situation as 84% of the surveyed firms have developed a formal ransomware response playbook. However, about three-quarters did the same after when they were hacked.

The pandemic and subsequent growth of remote work resulted in the acceleration of digital transformation. Many organizations are using multiple clouds today, and 45% of the security teams think that maintaining consistency across the data centers and the cloud is the toughest thing for them to do. Firms must migrate data and applications to the cloud to make space for innovation and growth. CISOs are under acute pressure to establish an approach that involves cross-team collaboration, education, and security tools.

It’s also challenging to keep up with an increase in attacks due to talent shortages. About 85% of the respondents said that it has become harder to recruit and retain talent over the last year, and the issue is getting worse as skill requirements vary. The lack of talent is having a greater impact on security teams, with 75% of them believing that employees have resigned due to burnout.

Future plans

The security teams are forward-looking, as 67% of the firms are actively investing in technologies for automating complex processes. It means that there will be fewer tools, less burnout, and tighter actions when unexpected things occur. Security and business leaders must prioritize this future.