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Survey finds that advanced threats and insider security threats are the top cybersecurity challenges

Alert Logic has published the results of a survey conducted with 400 UK cybersecurity professionals to better understand the evolving cyber threat landscape UK companies face. The survey found that respondents’ confidence in their organizations’ overall cybersecurity posture is moderate to high, with only a fifth (21 percent) indicating they are not at all, or only slightly, confident in their organization’s security posture.

When asked about the top challenges facing their cybersecurity teams, respondents cited detection of advanced threats (62 percent) and detection and/or mitigation of insider threats (48 percent) as the two top security challenges. Furthermore, 41 percent lacked advanced security staff to oversee cyber threat management and nearly a third (27 percent) lacked confidence in their automation tools catching all cyber threats.

Lack of budget (51 percent), skilled personnel (49 percent) and lack of security awareness amongst employees (49 percent) weighed in as the most significant obstacles facing cybersecurity teams, inhibiting their organizations from adequately defending against cyber threats. In addition, when asked about the business impact of security incidents, system downtime was highlighted as having the biggest impact. Interestingly, revenue impact was only cited as a relatively minor factor (16 percent), suggesting that either security teams have evolved their maturity to effectively manage risk or lack full visibility into the downstream business impact of security incidents.

Respondents were asked about the likelihood of their organization being compromised by a successful cyber attack in the next 12 months, compared to last year. Here, the survey found a remarkably even distribution of expectations. Roughly one third (32 percent) expected that a compromise was likely, while a slightly smaller number (29 percent) felt that a compromise was less likely.

View the full Threat Monitoring Report (registration required).

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