Security News > 2021 > April > 80% of Global Enterprises Report Firmware Cyberattacks

Attacks against firmware are snowballing, outstripping many organizations' cyber-defenses, according to a survey from Microsoft.

The report showed that more than 80 percent of enterprises have experienced at least one firmware attack in the past two years - but only 29 percent of security budgets goes to firmware security.

Visibility is an ongoing issue: A full 21 percent of decisionmakers admitted that their firmware data goes unmonitored today.

"There are two types of companies - those who have experienced a firmware attack, and those who have experienced a firmware attack but don't know it," Azim Shafqat, partner at ISG and former managing vice president at Gartner, said in the report.

A full 71 percent said their staff spends too much time on work that should be automated, which is a number that balloons to 82 percent among the teams who said they don't have enough time for strategic work like preparing for sophisticated threats like those targeted at firmware.

95 percent of Chinese organizations said they were willing to invest in firmware protections; 91 percent of businesses in Japan, the U.K. and the U.S. say the same; as do 81 percent of the German companies surveyed.

News URL

https://threatpost.com/enterprises-firmware-cyberattacks/165174/