INTELLIGENT BRANDS // Enterprise Security
98 % of UK businesses experienced a security incident in the last 12 months
A significant 98 % of UK organisations experienced some form of a security incident in the last 12 months , according to a new report from Barracuda Networks ( Barracuda ), a trusted partner and leading provider of cloudenabled security solutions . access compromised and 29 % encountered a compromised supply chain .
Nearly one in 10 ( 9 %) UK businesses said that the worst security incident they suffered in the last 12 months had a ‘ significant ’ impact on their organisation and led to situation , in terms of the impact it may have on their organisation .
“ In the current threat landscape , critical infrastructure is an attractive target for cybercriminals , but unfortunately IIoT / OT security projects often take a backseat to other security initiatives or fail due to cost or complexity , leaving organisations at risk ,” said Tim Jefferson , SVP , Engineering for Data , Networks and Application Security , Barracuda . “ Issues such as the lack of network segmentation and the number of organisations that aren ’ t requiring Multi- Factor Authentication leave networks open to attack and require immediate attention .”
The report , titled The State of Industrial Security in 2022 , surveyed 800 senior IT managers , senior IT security managers and project managers responsible for Industrial Internet of Things ( IIoT )/ Operational Technology ( OT ) in their organisation to get their perspectives on IIoT / OT security projects , implementation challenges , security incidents , technology investments and a variety of issues related to cybersecurity risks .
The data revealed that web application attacks were the most common security incident for UK organisations , with 45 % encountering at least one in the last 12 months . Additionally , 29 % suffered from a malicious external hardware or removable media , 36 % encountered a DDoS attack , 31 % had remote a complete shutdown of all devices or locations . Furthermore , 39 % said their worst incident had a moderate impact , whereby a large number of devices or several locations were impacted and 50 % said minimal impact was observed , where a few devices or just one location was impacted . Only 2 % said no impact was experienced at all .
The downtime for these security incidents ranged from less than a day to up to four days , in the UK . The majority or organisations ( 42 %) said that their most significant security incident impacted operation for two days .
As a result , 99 % of all UK IT leaders are ‘ concerned ’ to at least some extent about the current threat landscape and geopolitical
Organisations across the board have acknowledged the importance of investing even further in IIoT and OT security , with 96 % of business leaders , globally , noting that their organisation needs to increase their investment in industrial security . A full 72 % of organisations signalled that they have either already implemented or are in the process of implementing IIoT / OT security projects , but many are facing significant challenges when it comes to implementation , including basic cyber-hygiene . p
THE DOWNTIME FOR THESE SECURITY INCIDENTS RANGED FROM LESS THAN A DAY TO UP TO FOUR DAYS , IN THE UK .
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