Most companies address cyber risk reactively: Report
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Companies are predominantly addressing cyber risk reactively, without formulating risk management practices and technologies, Aon PLC said in a cybersecurity report issued Monday.
Only 17% of organizations say they have adequate application security measures in place, and 21% have baseline measures in place to oversee critical suppliers and vendors, according to the report, “Balancing risk and opportunity through better decisions.”
The report is based on self-reported data received globally from 996 organizations that represent 20 industry groups.
The report said 40% of organizations say they have adequate remote work strategies to manage the rapid digital evolution.
The report also addressed ransomware, saying that seven in 10 attacks involve the threat of leaking exfiltrated data, with some variants threatening to auction stolen data.
The report also says organizations must be mindful of new cyber regulations.
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