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All issuesVolume 322, Issue 2IT Vendor NewsFortinet

Getting The Board On Board With Cybersecurity

Fortinet News, Tuesday, January 7th, 2025

As threat actors advance their tactics, the ramifications of falling victim to a breach are growing more severe. According to the Fortinet 2024 Cybersecurity Skills Gap Report, nearly 90% of enterprises experienced a cyber incident last year, with 63% saying it took longer than a month to recover from an attack.

Leaders within organizations are increasingly being held accountable when a breach does occur, with 51% of respondents indicating that their directors or executives have faced fines, jail time, loss of position, or loss of employment following a cyberattack.

While there's typically no single attributable cause of a breach, leaders cited a variety of factors that they believe contributed to successful cyberattacks: an IT and security staff that lacks the necessary skills and training (58%), a lack of organizational or employee security awareness (56%), and a lack of cybersecurity products (54%).

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