Despite increased cybersecurity investment, a significant number of organizations have been breached, with 67% of firms experiencing a data security breach in the last 24 months.
Nearly a third of companies have suffered a breach of data as a result of cyber attacks, leading to disruptions like unplanned downtime, breach of data, and financial losses.
Confidence in government cybersecurity support is low, with only 14% of organizations being confident in their government's aid. US enterprises are increasing spending on penetration testing to simulate cyberattacks and identify vulnerabilities.
The pace of changes in enterprise environments has outpaced traditional testing methods, with 96% of organizations making IT changes quarterly, but only 30% conducting penetration testing at the same frequency, highlighting the need for scalable security validation strategies.