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Egnyte’s Cybersecurity Trends Report finds that 64 percent of mid-sized organizations have a formal incident response plan in place.
Egnyte, a leader in cloud content security and governance, released its Cybersecurity Trends for Mid-Sized Organizations Report, a mid-year update to its Data Governance Trends Report. The study – based on a survey of 400 U.S. C-level executives conducted by Wakefield Research – examines key trends in cyber insurance, cybersecurity hygiene, ransomware detection, user access management, and more.
The number of nation-state and data exfiltration-based cyberattacks continues to increase, which has emphasized the need for organizations to reexamine their cybersecurity preparedness. According to the report, incident response plans are not prevalent enough, with 64 percent of mid-sized companies having a formal incident response plan in place.
“Traditionally, mid-sized organizations have lacked the proper cybersecurity resources, so it is important that they understand the value in staying one step ahead of rapidly-evolving threats like ransomware,” said Kris Lahiri, Co-Founder and Chief Security Officer at Egnyte. “The findings of this study reinforce that all businesses can bolster their cybersecurity defenses by leveraging holistic data governance tools, including data backup processes, training for end-users, and solutions to identify suspicious activity.”
Egnyte’s Cybersecurity Trends for Mid-Sized Organizations Report also identifies the following key trends:
The full report findings – including proactive steps that organizations can take to enhance their cybersecurity protection – can be found here.
A childhood in Kansas, college in California where she met her early mentor, Leigh Lytle spent 15 years in the Federal Reserve Banking System and is now the 1st woman President & CEO of the Equipment Leasing & Finance Association. Join us to hear about her ambition to be a great leader.