53% of organizations were victims of cyberattacks in the cloud in the past 12 months, with phishing being the most common, with 73% of respondents experiencing it, according to Netwrix

Despite the proliferation of tools and increased budgets, IT teams were less quick to spot threats in 2022 than in 2020.

Netwrix, the cybersecurity provider that simplifies data security, has announced the release of the 2022 Global Cloud Security Report. This reveals that more than half (53%) of organizations have experienced a cyber attack targeting cloud infrastructure in the past 12 months. Phishing was the most common type of attack, encountered by 73% of respondents.

The report also highlights that the average time to detect most types of attacks has increased since 2020. A few minutes or a few hours, but in 2022, only 47% detected it that fast. And ransomware has also become more difficult to detect: 86% of organizations took minutes or hours to detect ransomware in 2020, up from 74% in 2022.

Attacks evolve faster than the expertise, tools, and defenses used to counter them. Organizations are deploying more security controls and spending more money to keep them safe, and 49% confirmed an increase in their cloud security budget in 2022analyzes Dirk Schrader, Vice President of Security Research at Netwrix. However, the proliferation of tools is not always synonymous with increased security. Solutions from different vendors work independently, provide overlapping or conflicting functionality, and require organizations to connect to multiple support teams. This complexity is the source of security vulnerabilities. One way to solve this problem is to develop a security architecture in collaboration with a select group of trusted vendors who develop, deliver and support a wide range of solutions. .

The report also notes that abuses are increasingly costly. This year, 49% of respondents said they incurred unplanned expenditures to plug security gaps in the wake of an attack, up from 28% in 2020. It more than doubled (from 11 to 25%), as did the number of those who saw the value of a business decline commercial (from 7 to 17%).

However, the top three data security challenges cited by survey respondents remained the same in 2020: lack of IT staff, lack of experience in cloud environments, and lack of budget. This is still a problem for many organizations, but the proportion of those experiencing this problem has fallen from 47% in 2020 to 34% in 2022.

Here are some other results of the survey:

  • 80% of organizations using the cloud store sensitive data there;
  • More than half of respondents (53%) indicated that improving security is their main goal regarding cloud adoption;
  • The majority of surveyed organizations that classify their data were able to detect an attack within minutes, while those that don’t use this practice typically need hours or even days;
  • User activity auditing is particularly effective against phishing, ransomware attacks, and account hacking, reducing detection time from hours to minutes.

The report tells us that cloud adoption is in full swingMr. Schrader adds. Organizations report that 41% of their workloads are already in the cloud, and they plan to increase this participation to 54% by the end of 2023. IT teams are learning to use the cloud effectively and securely, and are training their colleagues in this direction. It is time to pay more attention to security measures that improve the ability to identify, defend, detect and respond to threats, in order to reduce the risks and consequences of a breach.

About Netwrix

Founded in 2006, Netwrix simplifies data security by enabling professionals to more easily control sensitive, structured, and mission-critical data, regardless of location. More than 11,500 organizations worldwide rely on Netwrix solutions to secure their sensitive data, take full advantage of enterprise content, and pass compliance audits with less effort and expense, while improving the productivity of their IT teams and knowledge workers.

Source: Netwrix

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See also:

82% of CEOs believe their organization is vulnerable to cyber attacks targeting software supply chains after switching to cloud-native development, according to Finavi.

Medium-sized companies are 490% more likely to experience a breach of privacy, due to a lack of resources and a high cost of expertise, according to Coro

More than 2,000 databases stored in the cloud have been found completely unprotected and accessible by anyone with a browser, according to Check Point Research.

89% of Organizations Fail to Protect Data as Budgets Soar to Address Growing Cyber ​​Security Challenges, Veeam Research Finds

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