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News alert: Green Raven study shows cybersecurity to be a black hole in more ways than just budget
- A majority of senior cybersecurity professionals at the UK's largest organisations struggle with feelings of helplessness and professional despair, according to cybersecurity firm Green Raven Limited.
- Most practitioners say these same feelings spill over into and impact their personal lives.
- A survey of 200 cybersecurity professionals showed that 70% of them admit to feelings of professional despair, despite a rapid increase in cybersecurity budgets.
- Almost three-quarters say they would consider a major breach as a personal failure.
- 59% of respondents admit that feelings of professional despair have a negative impact on their personal lives and/or mental health.
- 70% are under pressure from senior management/boards to better justify their next annual cybersecurity budget against the actual risks and threats faced by their organisation.
- Fewer than half of respondents believe their organisation is investing sufficiently in cybersecurity, despite nearly 90% of respondents reporting that their cybersecurity budgets are increasing.
- 79% of respondents recognize that the 'gold standard' process for risk and compliance management comprises the four steps of identification, assessment, treatment, and monitoring.
- Two-thirds of respondents say that not knowing from where the next cyberattack will come feels like permanently working with a blindfold on.
- Practitioners have high hopes for new, AI-based tools to give them an advantage over threat actors in the form of better cyber threat intelligence which tells them from where an attack will likely come and/or where it will land.
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