More than half of senior security executives lack the means to face today’s biggest security threats, according to the study
SolarWinds MSP, a global leader in delivering comprehensive, scalable IT service management solutions to IT solution providers and MSPs; released released new research on senior security executives’ awareness of and readiness for increased malware and ransomware threats.
The study, commissioned with the Ponemon Institute, asked 202 senior-level security executives in the US and UK about emerging security threats. Specifically, the study addressed those propagated by the “Vault 7” leaks, and the more massive global WannaCry and Petya ransomware attacks fueled by the “EternalBlue” Shadow Brokers leak.
It revealed that while most agree attacks are increasing, they are confused about what threats pose the most risk and lack the means to defend against them.
Most respondents did not think their organization had the budget or technology to deal with cybersecurity threats.
The number of attacks that businesses had detected was potentially even more worrying than the confusion over risk.
The survey also revealed that businesses do not feel prepared to prevent attacks:
Another key finding was the lack of remediation:
The full report is available for download here (https://pages.solarwindsmsp.com/20180327-get-our-exclusive-research-with-ponemon-institute.html).
“The lack of knowledge among senior-level security executives is worrying—they know that attacks are on the increase, but many don’t know what they are and seem unable to effectively prevent them,” said Larry Ponemon, Founder, Ponemon Institute. “Better use needs to be made of the resources available, such as US CERT alerts, and the service providers that most businesses are using to outsource protection. Those providers also need to step up and provide education on where most attacks are coming from and how they can be prevented.”
“There is a role for managed service providers (MSPs) to play based on this research, by supporting companies as they navigate the ever-evolving security threats businesses face,” said Tim Brown, VP of security architecture, SolarWinds MSP. “It’s a bit like the wild west now, as we saw from the widespread fallout from WannaCry and Petya, and may still see from Vault 7 if those leaks are more widely exploited. Indeed, we have no crystal ball to know what threats lie on the horizon. Businesses need help with everything from awareness to technology to specialized staff. This study supports a view that MSPs have a unique opportunity to expand their security offerings to meet this need by filling gaps that can’t be easily filled in house.”
About SolarWinds MSP
SolarWinds MSP empowers IT service providers with technologies that fuel their success. Solutions that integrate layered security, collective intelligence, and smart automation—both on-premises and in the cloud, backed by actionable data insights, help IT service providers get the job done easier and faster. SolarWinds MSP helps our customers focus on what matters most—meeting their SLAs and delivering services efficiently and effectively. For more information, visit solarwindsmsp.com.
SOURCE: SolarWinds MSP