Cybersecurity Confidence at an All-Time Low: Only 48% Prepared

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Key Points

  • 81% of security leaders expect cyberattacks in the next year.
  • Only 48% feel confident in preventing attacks.
  • 54% see AI-generated attacks as the biggest risk.
  • North America has the highest reported attack rate at 64%.
  • 63% of leaders plan to increase cybersecurity investments.
  • 35% are confident in their own cybersecurity expertise.
  • 76% face challenges in getting back to normal after a cyberattack.

Looma News

HCLTech’s Global Cyber Resilience Study 2024-25, released today, shows that 81% of security leaders expect cyberattacks in their organizations within the next year. However, only 48% are confident in their ability to prevent these attacks. The study surveyed over 1,500 leaders from North America, Europe, and Australia-New Zealand, highlighting a growing worry about AI-generated threats, with 54% calling them their main security risk.

North America had the highest reported attack rate at 64%, followed by Europe at 57% and Australia-New Zealand at 51%. In response to these concerns, 63% of security leaders plan to boost their cybersecurity spending in the next year. The report also reveals significant gaps in readiness; only 35% of security leaders feel confident in their internal abilities to handle cybersecurity risks.

Additionally, 76% of those surveyed reported facing moderate to high challenges in fully resuming business operations after a cyberattack. HCLTech, which reported $13.7 billion in revenue for the year ending September 2024, conducted this study to better understand and tackle the changing cybersecurity challenges across various industries. On the NSE today, shares of HCL Technologies Limited were trading at ₹1,874, up ₹21.65 or 1.17% as of 12:52 PM.

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