Splunk: Cybersecurity Dynamics Rapidly Changing
A survey of 1,520 cybersecurity and IT leaders published today found more than half (52%) reporting their organization suffered a data breach in the past two years, with 62% experiencing monthly unplanned downtime attributable to a cybersecurity incident. The survey, conducted by Enterprise Strategy Group (ESG) on behalf of Splunk , also found that, on average, it takes 2.4 months to discover bad actors on corporate networks. Over a third (39%) of the respondents said cybersecurity incidents have directly harmed their competitive position, with 31% also noting those incidents have reduced shareholder value. As a result, cybersecurity budgets are increasing, with 95% of respondents reporting their security budgets will increase over the next two years, with 56% describing those increases as significant. The survey also found 81% of respondents are working for organizations that are converging aspects of their security and IT operations. Respondents believe this conver...