70% of Australian orgs expect a breach in 2022

Seven in 10 Australian organisations expect to be breached in a successful cyber attack within the next 12 months, according to new research from Trend Micro.

A survey conducted for the security company’s latest global Cyber Risk Index (CRI) found that 76% of respondents already reported suffering one or more successful cyber attacks in the past 12 months. Meanwhile, 18% of respondents had experienced 10 or more attacks over the same period.

Australian organisations are most concerned about security risks associated with cloud computing, followed by the recent proliferation of mobile and remote employees, and third-party applications.

According to the survey, the types of cyber attacks which cause the most concern among Australian respondents include ransomware, phishing and botnets.

Respondents also reported facing negative consequences from successful breaches, including stolen or damaged equipment, cost of outside consultants or experts, and customer turnover.

Trend Micro ANZ Technical Director Mick McCluney said the results show the renewed pressures Australian organisations in the wake of the disruptive impact of the COVID-19 pandemic.

“To craft effective cybersecurity strategy, organisations must master the art of risk management. This is where reports like the CRI can be a great resource in highlighting areas of possible concern,” he said.

“As remote working and digital infrastructure threats persist, organisations should adopt a platform-based approach to optimise security whilst minimising their security sprawl.”

Image credit: ©stock.adobe.com/au/Brian Jackson