{"id":20896,"date":"2022-11-09T15:57:43","date_gmt":"2022-11-09T15:57:43","guid":{"rendered":"https:\/\/www.intelligentcio.com\/apac\/?p=20896"},"modified":"2023-06-20T12:23:20","modified_gmt":"2023-06-20T11:23:20","slug":"rubrik-zero-labs-research-reveals-impact-of-cyberattacks-on-singapore-organizations","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/apac\/2022\/11\/09\/rubrik-zero-labs-research-reveals-impact-of-cyberattacks-on-singapore-organizations\/","title":{"rendered":"Rubrik Zero Labs research reveals impact of cyberattacks on Singapore organizations"},"content":{"rendered":"\n<p><em>Volume, variety and veracity of cyberattacks are taking a psychological toll. Rubrik\u2019s new cybersecurity unit partnered with Wakefield Research to gather insight into the threat landscape.\u00a0<\/em><\/p>\n\n\n\n<p>IT and security leaders in Singapore must address, on average, one cyberattack per week according to a new study released by Rubrik Zero Labs, titled\u00a0The State of Data Security.\u00a0Rubrik, a Zero Trust data security company, commissioned a study from Wakefield Research to gather insights from more than 1,600 global security and IT leaders including CISOs, CIOs, VPs\u00a0and directors \u2013 including 125 respondents in Singapore.\u00a0<\/p>\n\n\n\n<p>The findings exposed rising security\u00a0risks for organizations, resulting in widespread damage to organizations and their IT and security teams. Key Singapore findings from\u00a0The State of Data Security\u00a0by Rubrik Zero Labs include:<\/p>\n\n\n\n<p><strong>Cyberattacks continue to surge in volume and impact:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Nearly every leader surveyed experienced a cyberattack over the past year and on average faced 55 attacks in that timeframe \u2013 or nearly one cyberattack per week<\/li><li>53% reported a data breach and 59% reported facing a ransomware attack in the past year<\/li><li>Only 9% of organizations were able to return to Business Continuity or normal operations within one hour of discovering a cyberattack<\/li><li>49% of IT and security leaders reported being concerned about data breaches (20%) or ransomware events (29%) as the top threat for the year ahead<\/li><\/ul>\n\n\n\n<p><strong>Organizations are losing confidence in their ability to withstand attacks:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>95% of respondents are concerned they will be unable to maintain Business Continuity if they experience a cyberattack<\/li><li>23% of respondents believe their board of directors has little to no confidence in their organization\u2019s ability to recover critical data and business applications after a cyberattack<\/li><li>69% of survey respondents reported their organization is likely to consider paying a ransom following&nbsp;a cyberattack<\/li><li>8% of IT and security leaders said they had not adequately addressed vulnerabilities from previous cyber events<\/li><\/ul>\n\n\n\n<p><strong>The weight of cybercrime is taking a toll:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>92% of respondents reported experiencing significant emotional or psychological consequences following a cyberattack, ranging from worries over job security (44%) to loss of trust among colleagues (31%)<\/li><li>Approximately 39%&nbsp;of respondents reported leadership changes as a result of a cyberattack<\/li><li>Approximately&nbsp;24% of leaders surveyed said their IT and SecOps teams were either somewhat or not at all aligned when it came to defending their organizations<\/li><\/ul>\n\n\n\n<p>\u201cIt\u2019s clear from this research that cyberattacks continue to produce large impacts against global organizations and the effects are compounding,\u201d said Steven Stone, Head of Rubrik Zero Labs. \u201cIn addition to this rise in frequency and impacts of cyber events, the individuals on the front lines are taking a psychological hit on their well-being. Trust is down and anxiety is up. Without a proactive and reliable approach to defend against modern cyberthreats and strengthen confidence in an organization\u2019s ability to resolve these cyberevents, these impacts \u2013 both human and organizational \u2013 will continue to worsen and feed each other. The good news is we\u2019re also seeing pragmatic, proven strategies in this same space paying off and we can build off these approaches.\u201d<\/p>\n\n\n\n<p>Chris Krebs, Former Director of CISA and Founding Partner of the Krebs Stamos Group, added: \u201cWe often overlook the psychological dimension of cyberattacks and the chaos that tends to follow after discovering an incident. The bad guys sure have figured it out, though, with criminals and state actors alike trying to generate emotional responses when they attack, as evidenced by the increase in criminal extortion efforts and hack and leak campaigns.<\/p>\n\n\n\n<p>\u201cIn the end, IT and security leaders alike tend to take the blame for these cyberattacks. One of the most effective techniques I\u2019ve seen to prepare for these types of attacks is to accept you\u2019re going to have a bad day at some point and your job is to ensure that it doesn\u2019t become a \u2018worse day.\u2019 This is why we need defenders across the spectrum to come together \u2013 sharing best practices, learnings after attacks, simulations and frameworks \u2013 so that we\u2019re collectively strengthening our defenses and minimizing the psychological impact brought on by an attack.\u201d<\/p>\n\n\n\n<p>The State of Data Security\u00a0comes from Rubrik Zero Labs, the company\u2019s new cybersecurity research unit formed to analyze the global threat landscape, report on emerging data security issues and give organizations research-backed insights and best practices to secure their data against increasing cyberevents.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Volume, variety and veracity of cyberattacks are taking a psychological toll. Rubrik\u2019s new cybersecurity unit partnered with Wakefield Research to gather insight into the threat landscape.\u00a0 IT and security leaders in Singapore must address, on average, one cyberattack per week according to a new study released by Rubrik Zero Labs, titled\u00a0The State of Data Security.\u00a0Rubrik, [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":20897,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3559,14,59,1282,44],"tags":[3956,485,3953,69,3954,3955,3957,387],"class_list":["post-20896","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-intelligent-technologies-cybersecurity","category-data-centres","category-south-east-asia","category-tech-trends","category-top-stories","tag-chris-krebs","tag-cyberattacks","tag-rubrik-zero-labs","tag-singapore","tag-steven-stone","tag-the-state-of-data-security","tag-wakefield-research","tag-zero-trust"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/20896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/comments?post=20896"}],"version-history":[{"count":4,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/20896\/revisions"}],"predecessor-version":[{"id":20902,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/posts\/20896\/revisions\/20902"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media\/20897"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/media?parent=20896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/categories?post=20896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/apac\/wp-json\/wp\/v2\/tags?post=20896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}