Crowdsourced security use jumps to 73 percent as business downtime concerns skyrocket
PR89221
REDWOOD CITY, Calif., April 27, 2021 /PRNewswire=KYODO JBN/ --
-- Business downtime overtook breaches as the No.1 concern for security
professionals as cybercrime reports surged 69 percent last year. As a result,
they are turning to crowdsourced security testing to strengthen digital
defenses, according to the 2021 Signals in Security Report.
Security professionals ranked business downtime as their most pressing concern
over the past year -- ahead of breaches or insider threats -- as enterprises
around the world rushed to accommodate the unprecedented demand for virtual
work.
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The pressure for security teams to ensure the safety of new and expanded remote
platforms and internet-connected productivity tools was evident in the
responses to the 2021 Signals in Security Report (click here to read the full
report (
)), which measured the sentiment from more than 600 professionals who helped
guide their organizations through the chaotic period.
The report that gauged how security teams performed in the months before the
pandemic through the beginning of 2021 also revealed that organizations are
relying more heavily on crowdsourced security testing to confront cybersecurity
challenges.
Crowdsourced security solutions gave organizations the ability to scale
security operations with on-demand testing at a continuous cadence.
Seventy-three percent of companies used crowdsourced security testing in 2021,
up from 61 percent in 2020.
Furthermore, the survey (
) revealed that security teams reacted to the increased attack surface by
expanding testing -- 87 percent of businesses now say they test every digital
asset, up from 82 percent in early 2020, according to the survey conducted on
behalf of Synack (
https://c212.net/c/link/?t=0&l=en&o=3141521-1&h=1391132409&u=http%3A%2F%2Fwww.synack.com%2F&a=Synack
), the premier crowdsourced platform for on-demand security expertise.
"The pandemic turned security on its head. Suddenly, we were all confronting
exponentially expanded attack surfaces. That meant security teams needed to be
creative, nimble and seek out innovative and responsive solutions such as
on-demand, crowdsourced security to give them access to the most trusted
security researchers to test their assets from an adversarial perspective,"
said Jay Kaplan, CEO and Co-founder of Synack.
"That's the kind of proactive security that produced quality results and helped
organizations stay ahead of the threat throughout the pandemic," said Kaplan.
Among the key Signals in Security (
) findings:
-- Respondents named ease of testing, higher-quality findings, and
exceptional scalability as the primary benefits of crowdsourced
solutions.
-- Fifty-seven percent surveyed wanted more investment in offensive
security.
-- The lack of skilled cybersecurity staff continues to hurt companies'
ability to test applications. A third of respondents -- 33 percent --
indicated that the primary reason their company did not test more
applications was that they lacked the security staff, the same
proportion as the previous year.
Most security teams appear to have come out ahead following a year that
required creativity and new thinking to meet the challenges posed by the
pandemic. Almost 70 percent of security professionals said their organizations
were safer than the year before.
Crowdsourced security also played a critical role in helping organizations
defend against a 69 percent increase in cybercrime reports during 2020.
According to the FBI's 2020 Internet Crime Report (
), cyberattacks skyrocketed due to the sudden shifts in remote work, giving
malicious hackers new opportunities to strike when organizations were the most
vulnerable.
Signals in Security (
) revealed opportunities to strengthen security, too, starting with
communications between executives and security teams. Only 18 percent of
analysts said business executives considered security important. More than
three-quarters of executives, however, said they maintained a high commitment
to security.
The initial portion of the survey was conducted from January to February 2020
and the second version was carried out from December 2020 to January 2021. Half
of the participants had the role of manager or director, while 32 percent had
executives or vice president roles. More than three-quarters of participants
(76 percent) work at companies with between 500 and 1,000 employees. Half of
the respondents (51 percent) work at companies with security teams of 25 or
more analysts.
Click here to download the full report (
).
About Synack:
Synack is the premier crowdsourced platform for on-demand security expertise.
Its crowdsourced penetration testing is powered by the world's most skilled and
trusted ethical hackers and augmented by AI-enabled technology to give
customers the best of human intelligence and machine intelligence.
Headquartered in Silicon Valley with regional teams around the world, Synack
protects leading global banks, federal agencies, DoD classified assets, and
more than $6 trillion in Fortune 500 and Global 2000 revenue. A 4-time CNBC
Disruptor 50 company, Synack was founded in 2013 by former NSA security experts
Jay Kaplan, CEO, and Dr. Mark Kuhr, CTO.
For more information, please visit www.synack.com.
SOURCE Synack
CONTACT: Mike Farrell, mfarrell@synack.com
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