Security News > 2020 > September > Cyberwarfare predicted to damage the economy in the coming year

This is especially alarming during a period of unprecedented global disruption, as 50% of infosec professionals agree that the increase of cyberwarfare will be detrimental to the economy in the next 12 months.

CISOs and infosec professionals however are shoring up their defenses - with 51% and 48% respectively stating that they believe they will need a strategy against cyberwarfare in the next 12-18 months.

Cyberwarfare and ransomware are complex topics to unpack, amongst many others in infosec.

"The reason that nearly a quarter of infosec pros don't currently have a strategy to protect against cyberwarfare is likely because of complacency. Since they haven't suffered an attack or haven't seen on a wide scale-the damage that can be done-they haven't invested the time in protecting against it."

"It's of great concern to businesses and the economy - and yet not everyone is prepared for it. At the same time, infosec professionals have had to keep up with new threats from an old source, ransomware, that can affect companies' bottom lines if not handled carefully."

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