Two thirds of firms ill-equipped to tackle email cyber security threats
17th February 2016 http://business-reporter.co.uk/
Author Matt Smith
Nearly two thirds of businesses are ill-equipped to defend against email-based cyber attacks, according to a new report.
Research by Mimecast showed that 65 per cent of IT professionals are not confident that their organisations can adequately defend against the attacks.
Meanwhile, a third say their email is more vulnerable today than it was five years ago.
Of the two thirds who feel vulnerable, nearly half have experienced such attacks in the past, indicating that they still do not feel any more prepared to tackle email threats.
Education is key to cyber security, but it is being overlooked by some when it comes to these attacks. While 83 per cent of respondents identified email as a common attack vector, one in ten said they do not have any form of email security training in place.
“Our cyber security is under attack and we depend on technology, and email in particular, in all aspects of business,” said Mimecast CEO Peter Bauer.
“So it’s very disconcerting to see that while we might appreciate the danger, many companies are still taking too few measures to defend themselves against email-based threats in particular.
“As the cyber threat becomes more grave, email attacks will only become more common and more damaging. It’s essential that executives, the C-suite in particular, realise that they may not be as safe as they think and take action.
“Our research shows there is work still to be done to be safe and we can learn a lot from the experience of those that have learnt the hard way.”
The survey showed that those who allocate more funding to email security feel more confident that they can fend off the cyber criminals in their inboxes.
Those who felt well-prepared allocated 50 per cent higher budgets to email security compared to the managers who were less confident about their readiness.======================================================
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