Security News > 2022 > June > 72% of middle market companies expect to experience a cyberattack

There is good news as the number of breaches reported in the last year among middle market companies slightly decreased with protections becoming more available and executives understanding the consequences related to potential incidents.

Twenty-two percent of middle market leaders claimed that their company experienced a data breach in the last year, representing a drop from 28% in last year's survey, suggesting that even with enhanced protections in place and the decrease in attacks, companies cannot afford to let their guard down.

Larger middle market companies reported a bigger drop in attacks with 29% this year compared to 43% in last year's report, while 16% of smaller organizations suffered an attack or demand in contrast to 24% in 2021.

While the number of attacks dropped, middle market leaders do not expect the ransomware threat to diminish, with 62% reporting they are at risk for a ransomware attack in the next 12 months, which increased from 57% last year.

The data shows that 36% of middle market companies moved or migrated data to the cloud as a result of security concerns during the past year.

Key findings include that in 2021 more middle market leaders in the U.K. reported a data breach than in the U.S. However, while 72% of U.S. respondents expect unauthorized users to attempt to access data or systems in 2022, 67% of U.K. counterparts expect a breach attempt.

News URL

https://www.helpnetsecurity.com/2022/06/16/middle-market-companies-cybersecurity/