Despite Massive Security Spending, 44% Of CISOs Fail To Detect Breaches
HelpNet Security, Friday, October 18th, 2024
Despite global information security spending projected to reach $215 billion in 2024, 44% of CISOs surveyed reported they were unable to detect a data breach in the last 12 months using existing security tools, according to Gigamon.
CISOs identified blind spots as a key issue, with 70% of CISOs stating their existing security tools are not as effective as they could be when it comes to detecting breaches due to limited visibility.
Modern cybersecurity is about differentiating between acceptable and unacceptable risk,' says Chaim Mazal, CSO at Gigamon. 'Our research shows where CISOs are drawing that line, highlighting the critical importance of visibility into all data-in-motion to secure complex hybrid cloud infrastructure against today's emerging threats. It's clear current approaches aren't keeping pace, which is why CISOs must reevaluate tool stacks and reprioritize investments and resources to more confidently secure their infrastructure.'