Ill-prepared Businesses at Risk from “Imminent Cyberattacks” – Cyber Magazine

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As the capacity of disruptive technologies continues to expand in the business landscape, organisations are now considering the cybersecurity implications and how to better protect their essential services and data. For those working in education and healthcare, less than a third (31% and 28%, respectively) claimed to have suffered an attack in the last 12 months, according to Cloudflare. For those same industries, the perceived level of preparedness for an incident in the future was just 19% and 18%, respectively.

This comes in the midst of health organisations like the UKs National Health Service (NHS) having fallen victim to intense data breaches impacting the confidentiality of its patients. There have been continued calls for organisations like the NHS to keep working to improve digital systems in order to remain resilient.

Building resilience 

Despite the cyberattack threat, Cloudflare suggests that business leaders are optimistic about the increasing influence of cybersecurity. In fact, more than two-fifths (44%) see cybersecurity as a catalyst to modernise the workplace and the same number to enable better cyber risk understanding by the board, leading to funding for essential projects.

“Thousands of UK business leaders are bracing themselves for growing cybersecurity threats that they feel ill-equipped to deal with,” comments Christian Reilly, Field CTO EMEA at Cloudflare. “With incidents on the rise in both volume and frequency, preparation is key. Businesses that have previously faced attacks are seemingly on their guard, but industries that have not yet encountered such an incident are shockingly underprepared. 

He adds: “Just because businesses have been lucky enough to avoid an attack so far, it doesn’t make them immune in the future. To face the increasingly multifaceted threat environment, greater investment is needed in consolidated and simplified solutions — and leaders must build a culture where cybersecurity is approached as a mission-critical strategic imperative.”

Businesses can improve their cybersecurity posture by partnering with security organisations, offer training and education programmes to their workforces and implement tools like firewalls, password protection and multi-factor authentication.

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