IBM Study Reveals More Than Half of Organizations Fail to Test Cybersecurity Incidents

By Megha Shah - Last Updated on September 11, 2020
IBM Study Reveals More Than Half of Organizations Fail to Test Cybersecurity Plans

IBM Security released a report showcasing the results of a global study exploring organizations’ preparedness when it comes to withstanding and recovering from a cyber attack.

The study, conducted by the Ponemon Institute on behalf of IBM, found that a vast majority of organizations surveyed are still unprepared to properly respond to the cybersecurity incident. Some of the key results if the study is:

  • 77% of respondents indicating they do not have a cybersecurity incident response plan applied consistently across the enterprise.
  • Of the organizations surveyed that do have a plan in place, more than half (54%) do not test their plans regularly. Nearly half of respondents (46%) say that their organization has yet to realize full compliance with GDPR, even as the one-year anniversary of the legislation quickly approaches.
  • The study also shows that less than one-quarter of the respondents said their organization significantly uses automation technologies, while only 30% of respondents reported that staffing for cybersecurity is sufficient to achieve a high level of cyber resilience.
  • 62% of respondents indicated that aligning privacy and cybersecurity roles is essential or very important to achieving cyber resilience within their organizations.
  • When the respondents were asked if their organization leveraged automation, only 23% of them said they were significant users, while 77% reported their organizations only use automation moderately, insignificantly or not at all.

“Failing to plan is a plan to fail when it comes to responding to a cybersecurity incident. These plans need to be stress tested regularly and need full support from the board to invest in the necessary people, processes, and technologies to sustain such a program,” said Ted Julian, Vice President of Product Management and Co-Founder, IBM Resilient. “When proper planning is paired with investments in automation, we see companies able to save millions of dollars during a breach.”

Megha Shah | A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!

Megha Shah | A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she wa...

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