75% of Organizations Cannot Effectively Detect a Hack or Respond to Data Breach

75% of Organizations Cannot Effectively Detect a Hack or Respond to Data Breach

December 13, 2016         Written By Bill Hardekopf

Only 25% of organizations have the necessary technology to detect and respond effectively to a hack or data breach, according to new research from Tripwire.

The study, which was conducted by Dimensional Research, surveyed more than 500 IT security professionals to examine the challenges that confront organizations as they attempt to optimize their compliance and cybersecurity programs.

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Tripwire found 39% of the IT respondents said it takes their team days or weeks to analyze the collected data from security and data alerts provided by their security tools. A mere 21% said they could correlate the security and data alerts in near real time.

While IT and security budgets have seen an increase in recent years, the survey respondents said their organizations still do not have adequate resources, visibility and threat intelligence necessary to keep up with the ever-changing cybersecurity landscape.

“Opportunities for automation are key to maintaining operational effectiveness when organizations are faced with a skills shortage that won’t be alleviated quickly,” Tim Erlin, senior director of IT security and risk strategy at Tripwire, said. “Using the tools at hand to prioritize alerts can save precious time in responding to an incident. Putting the right contextual data at the analyst’s fingertips can allow one person to simply get more done in a shorter period of time.

“Information sharing is a key defensive strategy for most companies. In order to protect an organization effectively, it’s incredibly valuable to know how other, similar organizations are being attacked or breached.”

The information contained within this article was accurate as of December 13, 2016. For up-to-date
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About Bill Hardekopf

Bill Hardekopf is the CEO of LowCards.com and covers the credit card industry from all perspectives. Bill has been involved with personal finance for over 15 years. He is a frequent contributor to Forbes, The Street and The Christian Science Monitor.
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