With ransomware and distributed denial of service (DDoS) attacks on the rise, the average number of focused cyberattacks per organization has more than doubled this year compared to the previous 12 months. In the face of these growing cyber threats, organizations are demonstrating far more success in detecting and blocking them, according to a new study from Accenture.
The study was conducted from January to mid-March 2018 and investigated focused attacks defined as having the potential to both penetrate network defenses and cause damage, or extract high-value assets and processes from within organizations. Despite the increased pressure of ransomware attacks, organizations are now preventing 87 percent of all focused attacks compared to 70 percent in 2017. However, with 13 percent of focused attacks penetrating defenses, organizations are still facing an average of 30 successful security breaches per year which cause damage or result in the loss of high-value assets.
Read more about the findings of the Accenture study on Security Magazine.