3 out of 4 security incidents are due to unmanaged assets

Η Trend Micro Incorporated, a cybersecurity company, announced a new study* that reveals a significant gap between identifying attack surface risk and using specialized tools to manage that risk. Trend Microphone presented the research findings at the RSA conference in San Francisco.

The global survey of more than 2.000 cybersecurity leaders revealed that 73% have experienced security incidents caused by unknown or unmanaged assets. The number of these assets has grown rapidly with the development of creative – yet complex – Artificial Intelligence, as well as the continuous increase in the number of IoT devices used in offices and employees’ homes.

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91% of respondents acknowledged that attack surface management is linked (directly or indirectly) to their organization’s business risk. A large percentage also acknowledged that failure to manage risk across all exposed assets, beyond the immediate security threat, can have other serious consequences. Some of these include:

• Business continuity (42%)

• Market competitiveness (39%)

• Customer trust/brand reputation (39%)

• Supplier relations (39%)

• Employee productivity (38%)

• Financial performance (38%)

However, while these findings may seem obvious, the study reveals that only 43% of global organizations use specific tools to proactively manage risk across the entire attack surface. More than half of respondents (55%) said they do not have processes in place to consistently perform such checks, even though this is a necessary process to mitigate risks before they cause operational problems for the organization.

On average, just 27% of organizations’ budgets are dedicated to managing attack surface risk, while over three-quarters of companies (77%) claim that their current resources are sufficient to address these challenges.

Kevin Simzer, COO of Trend, said : “As early as 2022, global organizations were concerned that the cyber attack surface was spiraling out of control. The challenge is even more pressing today. However, while most understand that this problem is exacerbating business risk, few are taking proactive security measures to mitigate the risk. Managing cyber risk exposure should be a top priority for all businesses.”

(*) To learn more about Trend's latest research, visit: https://www.trendmicro.com/explore/aichangingcyberrisk

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