Security News > 2024 > May > Worried about job security, cyber teams hide security incidents

The research reveals that 40% of cyber teams have not reported a cyber incident out of fear of losing their jobs - a disclosure that signifies a serious underreporting of cyber breaches globally.

A rising skills gap between cyber teams and criminals.

Only 10% of companies have increased cyber hiring in the past 12 months, and nearly 20% of companies say a lack of qualified talent is a key challenge to overcoming cyberattacks.

Overall, 68% of cyber teams surveyed could not currently meet The Securities and Exchange Commission's four-day disclosure requirement and cyber industry benchmark based on the average amount of time they estimate it would take to respond to a new, serious attack.

Technology has the potential to be an equalizer for cyber teams.

"There are two ways cyber leaders can look at advanced technology like GenAI - as a threat or as a weapon. The reality is that it's both, which makes it essential for businesses to aggressively implement the right solutions to arm their teams and beat cybercriminals at their own game," Pierce said.

News URL

https://www.helpnetsecurity.com/2024/05/24/cyber-teams-major-challenges/