Cyber Risk Landscape Peer Report: 4 Action Items for Your Organization

August 6, 2024 | Traditional security tools are falling short in today’s complex threat landscape. The 2024 Critical Start Cyber Risk Landscape Peer Report reveals that 83% of cybersecurity pros experienced a data breach in the past two years, despite having standard protections. Here’s how your organization can take action:

1. Align Costs with Risk: 84% of security pros report that cost is prioritized over risk reduction. Shift focus to align cybersecurity investments with quantifiable risk-reduction priorities.
2. Manage Outsourced Risks: While outsourcing cyber-risk workstreams is common, it can create control gaps. Use a blended approach, keeping some expertise in-house to mitigate these risks.
3. Modernize Security Tools: Traditional threat-based systems struggle with emerging threats. Invest in tools that offer deeper context and adapt to evolving tactics.
4. Improve Visibility: Only 29% of organizations have full visibility into their assets. Enhance asset management to better protect against unknown threats.

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