Sophos has recently announced the findings of the 3rd edition of its survey report, The Future of Cybersecurity in Asia Pacific and Japan, in collaboration with Tech Research Asia (TRA).
Key findings from the research:
The study reveals that despite cyberattacks increasing, cybersecurity budgets have remained stagnant and executive teams continue to underestimate the level of damage threats can do to organisations.
In India, 60% of organisations are struggling to recruit people with the cybersecurity skills they need.
Security awareness and skilling of employees and leadership will be major challenge for 94% of Indian businesses .
From 33% of Indian organisations plan to appoint a Chief Information Security Officer (CISO) to lead their cybersecurity strategy will increase 40% in the next 24 months.
According to the survey, the top 3 frustrations companies experience relating to cybersecurity in 2021 are as follows:
- Executives assume cybersecurity is easy and we over exaggerate cybersecurity threats and issues.
- There is not enough budget for cybersecurity.
- Being unable to employ enough cybersecurity professionals.
Sunil Sharma, MD– sales, Sophos India and SAARC, said, “Considering the pace at which attacks are increasing, this skills gap can be dangerous for the security of organizations. To address this gap, organizations need to invest in machine learning-enabled cybersecurity systems that automate certain tasks and reduce the workload of cybersecurity teams. Those organisations that don’t have in-house teams that can carry out 24×7 security operations can outsource their security to managed service providers and their threat hunting to a specialized managed threat response service.”
Sophos commissioned Tech Research Asia (TRA) to undertake this research into the Asia Pacific and Japan cybersecurity landscape. This includes a major quantitative survey where a total of 900 responses were captured across Australia, India, Japan, Malaysia, Philippines and Singapore.
In addition to this, TRA captured qualitative insights from virtual roundtable events in Australia, India, Japan and Singapore (with ASEAN representation).
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