Most business cybersecurity decisions lack understanding of the attacker: Mandiant

The results of Mandiant’s “Global Perspectives on Threat Intelligence” research, which offers a fresh perspective on how businesses navigate the increasingly complex threat landscape, have been made public. The study is based on a global survey of 1,350 decision-makers in cybersecurity from 13 nations and 18 industries. Mandiant is a pioneer in proactive cyber protection, threat intelligence, and incident response.

Despite the common perception that it is crucial to understand the cyber threat actors who may attack their company, 79% of respondents said that their firms make the majority of cyber security choices without knowledge of the threat actor who may be targeting them.

According to the survey, more than two-thirds (68%) of cybersecurity decision-makers agree that their firm needs to improve its understanding of the threat landscape. In comparison, 67% of respondents think top leadership teams still underestimate the cyber danger posed to their organizations.

Security decision-makers are yet enthusiastic about the efficacy of their cyber defences despite these worries. Respondents who were asked about their level of confidence in their organization’s ability to defend itself against various cybersecurity events felt most confident in dealing with financially motivated threats, such as ransomware (91%), followed by those carried out by hacktivist actors (89%) and nation-state actors (83%).

More than half of respondents (57%) ranked Russia, China, and Iran as the three nations their organization would be unable to defend itself against adequately.

“A conventional, check-the-box mindset isn’t enough to defend against today’s well-resourced and dynamic adversaries. Security teams are outwardly confident but often struggle to keep pace with the rapidly changing threat landscape. They crave actionable information that can be applied throughout their organization,” Sandra Joyce, Vice President Mandiant Intelligence at Google Cloud, said.

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