What the Cybersecurity Assessment Report Tells Us About the State of Cybersecurity

Cybersecurity teams face increasing pressure as phishing and ransomware attacks grow more sophisticated, with over half of companies experiencing cyber threats and data breaches in the past year. The global average cost per data breach has risen to $4.35 million, and the strain on cybersecurity teams is evident, with many having to work on weekends and even being asked to stay quiet about data breaches confidential.

Unfortunately, cybersecurity tools aren’t helping as much as expected and creating more work for already-strained organizations. With fears of a recession, companies tightening budgets across all departments, and attacks increasing in frequency, cybersecurity teams are in a tough position.

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