Press ReleaseCyber SafetyNews

New Trend Micro Research Reveals 73% of Cybersecurity Incidents Occur Due to Unmanaged Assets

 

Trend Micro Incorporated, a global cybersecurity leader, has announced new research revealing a worrying disconnect between recognition of attack surface risk and use of specialised tools to manage that risk. Trend announced the findings at the RSA Conference in San Francisco.

Trend Micro‘s global study of over 2,000 cybersecurity leaders revealed that 73% have experienced security incidents due to unknown or unmanaged assets. The number of these assets has rapidly increased with the proliferation of generative AI and the increased complexity that comes with it, as well as continued growth the number of IoT devices used in offices and employees’ homes.

Trend Micro Finds Worrying Security Threats

As a result, 91% of respondents acknowledged that attack surface management is either directly or somewhat connected to their organisation’s business risk. A large share also recognised that failing to manage risk across exposed assets can have significant negative impacts beyond immediate security threats, including:

  • Operational continuity (42%)
  • Market competitiveness (39%)
  • Customer trust/ brand reputation (39%)
  • Supplier relationships (39%)
  • Employee productivity (38%)
  • Financial performance (38%)

Half of Organisations Aren’t Using the Right Tools

However, Trend Micro found that despite this apparent recognition, just 43% of global organisations use dedicated tools to proactively manage risk across their attack surface, the study revealed. Over half (55%) said they have no processes in place to do so continuously—a must in order to mitigate and contain risk before it can impact operations.

On average, only 27% of responding organisations’ budgets are dedicated to managing attack surface risk, with over three-quarters (77%) of companies claiming that their current resources are adequate for addressing these challenges.

Kevin Simzer, COO at Trend: “As far back as 2022, global organisations were worried that their cyberattack surface was spiraling out of control. The challenge is even more pressing today. Yet while most understand the impact this is having on business risk, few are taking proactive security measures to mitigate that risk continuously. Managing cyber risk exposure should be a top priority for all businesses.”

To learn more about Trend Micro’s latest research, visit: https://www.trendmicro.com/explore/aichangingcyberrisk.

Martin Dale Bolima

Martin has been a Technology Journalist at Asia Online Publishing Group (AOPG) since July 2021, tasked primarily to handle the company’s Disruptive Tech Asia and Disruptive Tech News online portals. He also contributes to Cybersecurity ASEAN and Data&Storage ASEAN, with his main areas of interest being artificial intelligence and machine learning, cloud computing and cybersecurity. A seasoned writer and editor, Martin holds a degree in Journalism from the University of Santo Tomas in the Philippines. He began his professional career back in 2006 as a writer-editor for the University Press of First Asia, one of the premier academic publishers in the Philippines. He next dabbled in digital marketing as an SEO writer while also freelancing as a sports and features writer.

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