Over a third (35%) of respondents would be willing to pay a five-figure ransom to threat actors to resume business operations, while 57% claim they would never pay a ransom.One quarter (25%) of respondents claim their ANZ-based organizations have knowingly concealed a cyber-attack to preserve the reputation of their business. 25% of respondents say they cut IT/security headcount last year, with 15% also expecting to conduct layoffs in 2023.One-in-six (16%) respondents claim their organizations has no form of 24x7 security monitoring in place, and almost a quarter (23%) have no single person dedicated to cybersecurity full-time.The survey from Arctic Wolf reveals that security budgets are poised to increase in the vast majority (62%) of organizations, executives’ confidence in their ability to defend against attacks remains high (88%) despite a wave of recent intrusions, and two-thirds of businesses admit to having experienced a security breach.Īdditional findings from the survey include: After a year of high-profile cyberattacks in the region, the survey data reveals trends, attitudes, and beliefs that these leaders have on a wide array of cybersecurity and business issues. 22, 2023 (GLOBE NEWSWIRE) - Arctic Wolf®, a leader in security operations, today today published findings from a recent survey of 300 cybersecurity and IT decision-makers from Australia and New Zealand.
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