2018 Cyberthreat Defense Report Executive Summary

CyberEdge Group’s fifth-annual Cyberthreat Defense Report is a comprehensive review of the perceptions of 1,200 IT security professionals representing 17 countries and 19 industries. The new 2018 report provides the most geographically comprehensive view of IT security perceptions in our industry. With a 360-degree view of organizations’ security threats, security professionals can identify issues facing the market and know how their peers are reacting. 

Key insights from this year’s report include:

• ‘Lack of skilled personnel’ is the greatest inhibitor to IT security’s success
• 77% of networks were breached last year – the first decline in five years!
• 12% of a typical enterprise IT budget is spent on security
• 55% of organizations were compromised by ransomware last year