The majority of business pros aren’t able to prevent cyberattacks

Nearly two-thirds of business professionals aren’t confident in their abilities to prevent and address serious cyberattacks, according to a recent report from the Ponemon Institute and Illusive Networks. The report analyzed how effective organizations are in minimizing damage caused by silent attackers.

The study surveyed 627 IT and IT security practitioners within the US, who are all involved in the IT security solutions and practices within their organizations. Security budgets are expected to increase in the coming year, with threat detection spending growing from 32% to 40%, but preventative security control spending is dropping from 31% to 18%, the report found.

Read more about the findings of the new report on TechRepublic.