A survey conducted by the Global State of Information Security reports, the number of security incidents rose 48 percent this year to 42.8 million – which is the equivalent of 117,339 attacks per day. The survey says that the compound annual growth rate (CAGR) of detected security incidents has increased 66 percent year over year since 2009.
“Financial losses are increasing year-over-year and so are high-profile crimes. The threat landscape is constantly evolving and yet the security budgets are declining. In fact, security spending as a percentage of IT budget has remained stalled at 4 percent or less for the past five years”. “Strategic security spending demands that businesses identify and invest in cybersecurity practices that are most relevant to today’s advanced attacks,” explained Mark Lobel, PwC Advisory principal focused on information security. “It’s critical to fund processes that fully integrate predictive, preventive, detective and incident-response capabilities to minimize the impact of these incidents.”
Insiders are the worst offenders of cyber security while outsiders such as those committed by nation-states and organized crime groups are fast rising. Here’s a copy of the 2015 Global State of Information Security Survey http://pwc.to/GSISS15
