HCLTech has unveiled its latest report, The Global Cyber Resilience Study 2024-25, which offers critical insights into the strategic priorities that organizations must focus on to enhance their cybersecurity readiness and resilience. Based on feedback from over 1,500 leaders across North America, Europe, and Australia/New Zealand, the report highlights the escalating threats posed by cyberattacks and the need for robust cybersecurity measures.
Key Findings from the Study
- Cyberattack Anticipation
- 81% of security leaders expect a cyberattack within the next year.
- Only 48% feel confident in their ability to prevent such attacks.
- AI as a Security Risk
- 54% of respondents consider AI-generated attacks to be the most significant security risk.
- Challenges Post-Attack
- 76% of security leaders experienced moderate to high challenges in resuming business operations after a cyberattack.
Strategic Recommendations
- Investment in Cyber Resilience
- Organizations must focus on building a digital foundation that encompasses:
- Robust prevention strategies.
- Effective response and recovery capabilities.
- Organizations must focus on building a digital foundation that encompasses:
- Zero-Trust and AI-Assisted Automation
- Implementing zero-trust controls and utilizing AI-assisted automation are crucial for modern cybersecurity frameworks.
- Platform-Based Security Tools
- Streamlining security tools through a platform-based approach enhances operational efficiency.
Regional Insights
- Attack Incidence Rates
- North America: 64% of security leaders reported being targeted by cyberattacks.
- Europe: 57% experienced similar threats.
- Australia/New Zealand: 51% reported attacks.
- Increased Cybersecurity Investment
- 63% of leaders plan to boost cybersecurity investments in the coming year.
Priorities for Improvement
- Compliance and Risk Management
- 84% of respondents prioritize improving compliance and risk management practices.
- SOC Automation and Incident Response
- 76% aim to invest in Security Operations Center (SOC) automation.
- 75% prioritize enhancing incident response and recovery capabilities.
Gaps in Expertise and Communication
- Confidence in In-House Expertise
- Only 35% feel confident in their in-house cybersecurity management capabilities.
- 90% will continue to rely on external sources for expertise.
- Communication with Leadership
- Just 37% effectively communicate their organization’s IT security posture to the board and C-suite, indicating a significant gap in strategic communication.
The findings from HCLTech’s Global Cyber Resilience Study underscore the urgent need for organizations to adapt their cybersecurity strategies in response to evolving threats. By investing in cyber resilience solutions and enhancing communication between cybersecurity teams and leadership, organizations can better prepare for potential cyberattacks while maintaining operational efficiency.