Organisations see higher success in detecting and blocking cyber attacks-Accenture

Ransomware and distributed denial of service (DDoS) attacks have been on the rise, with 232 attacks through January 2018 compared with 106 through January 2017, said the professional services firm's 2018 State of Cyber Resilience study, which investigated focused attacks defined as having the potential to both penetrate network defences and cause damage, or extract high-value assets and processes from within organisations. Some 4,600 enterprise security practitioners representing companies with annual revenues of $1 billion or more in 15 countries were surveyed across the Americas, Europe and Asia-Pacific. Despite the increased pressure of the attacks, organisations are upping their game and preventing 87% of these focused attacks, compared to 70% a year ago. However, with 13% of focused attacks still penetrating defences, organisations are still facing an average of 30 successful security breaches per year. In addition, only two out of five organisations are currently investing in technologies like machine learning, AI and automation, indicating there is even more progress to be made by increasing investment in cyber resilient innovations and solutions.