Gigamon 2024 Hybrid Cloud Security Survey Reveals Global Security Leaders Are Losing Ground in the Race Against Cybercrime as Undetected Breaches Rise by 20 Percent
June 18 2024 - 6:00AM
Business Wire
New research shows 1 in 3 organizations were
unable to detect a breach in the last 12 months, with just 25
percent able to respond in real time, revealing a cybersecurity
preparedness gap
Gigamon, a leader in deep observability, today published its
2024 Hybrid Cloud Security Report, revealing vulnerabilities in
organizations’ preparedness to defend against increasingly
sophisticated cyberthreats and attacks. The annual survey of over
1,000 Security and IT leaders across Australia, France, Germany,
Singapore, UK, and the USA, shows a decline in detection and
response capabilities year-on-year (YoY) compared to the company’s
2023 Hybrid Cloud Security Report. As hybrid cloud environments
grow in complexity and threat actors launch a barrage of concealed
attacks, 65 percent of respondents believe their existing
security tooling cannot effectively detect breaches.
Security and IT leaders are at a crucial juncture. The specter
of AI-powered cyber attacks looms globally, with 82 percent
of respondents predicting that AI will increase the global
ransomware threat. And yet, despite global information security
spending projected to reach $215 billion in 2024, only half (54
percent) of organizations feel “strongly prepared” to respond
to unauthorized access to their hybrid cloud environments.
CISOs Turn to Boards, Prioritize Encrypted Visibility to Help
Address Today’s Threats
The research also delves into the insights of 234 CISOs
globally. The results highlight that CISOs continue to bear the
burden of regulatory and technological pressures, with 69
percent of CISOs reporting they struggle to detect encrypted
threats, compared to 59 percent of the total
respondents. An alarming 70 percent of CISOs believe
their tools aren’t as effective as they could be in detecting
breaches, and as a result 59 percent say they would be most
empowered by cyber risk becoming a boardroom priority.
Key Findings Highlight Cybersecurity Preparedness Gap
- Most organizations report critical visibility gaps. The
complexity of modern hybrid cloud infrastructure contributes to
organizations’ lack of control. Three-quarters of
respondents agree that East-West (lateral) visibility is more
important to cloud security than North-South, yet just 40
percent have visibility into East-West traffic, down from 48
percent in 2023. Encrypted traffic poses another serious blind
spot. Although 83 percent describe gaining visibility into
encrypted traffic as a priority, a shocking 76 percent
currently trust that encrypted traffic is secure.
- Organizations are unprepared for today’s sophisticated
attacks. Survey respondents generally acknowledge weaknesses in
their tool stack for threat detection. Just 25 percent were
able to remediate a live threat in a recent breach. When tooling
fails, organizations suffer more serious consequences, with 31
percent of organizations only detecting a recent breach once
they received an extortion threat from the adversary; 31
percent became aware of the breach when proprietary information
leaked onto the dark web. Of greater concern is that 25
percent of respondents ultimately failed to determine the root
cause of the breach.
- Deep observability is viewed as central to modern IT
success. When breaches are missed, tool strategies are firmly
in the spotlight. Eight in 10 agree that achieving unified
visibility into hybrid cloud infrastructure is key to preventing
attacks. Six in 10 believe that greater visibility into all
data in motion will empower them to securely deploy AI technology.
As a result, 80 percent agree that deep observability –
delivering network-derived intelligence to log-based security
tooling – is now a board-level priority.
- Regulation, boardroom pressure is elevating Zero Trust as a
priority. Survey results show that Zero Trust has shifted from
a best practice to a must-have, with 64 percent of
respondents expecting a mandate in the next two years.
Three-quarters report that Zero Trust is now a priority for
the board. As a result, 8 out of 10 name Zero Trust as one
of their key priorities over the next 18 months.
“It is clear that organizations’ tool stacks are falling short,
enabling threat actors to exploit blind spots to breach and extort
their victims without fear of detection,” said Chaim Mazal, CSO at
Gigamon. “Consider that just 1 in 4 organizations can detect
and remediate a live threat. Without real-time, network-derived
intelligence and insights into all data in motion, including
East-West and encrypted traffic, bad actors will continue to wreak
havoc, now with AI accelerating their efforts.”
About the survey
The 2024 Hybrid Cloud Security survey was commissioned by
Gigamon and fielded in collaboration with Vitreous World. The data
is based on findings of an online survey of 1,033 global
respondents Mar. 22 - Apr. 6, 2024.
For more information
- Read more about the survey results in the blog, “Hybrid Cloud
Security: The CISO Perspective”
- Review insights in the 2024 Hybrid Cloud Security Report
- Read the CISO Executive Summary
- Attend the webinar, “Hybrid Cloud Security: Closing the
Preparedness Gap,” with Enterprise Strategy Group (ESG), July 10 at
10:00 a.m. PT
About Gigamon
Gigamon® offers a deep observability pipeline that efficiently
delivers network-derived intelligence to cloud, security, and
observability tools. This helps eliminate security blind spots and
reduce tool costs, enabling you to better secure and manage your
hybrid cloud infrastructure. Gigamon serves more than 4,000
customers worldwide, including over 80 percent of Fortune 100
enterprises, 9 of the 10 largest mobile network providers, and
hundreds of governments and educational organizations worldwide. To
learn more, please visit gigamon.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240618545733/en/
Gigamon Media Contact: public.relations@gigamon.com