World’s Largest Cybersecurity Benchmarking Study Finds that Top Executives Believe their Organizations are Not Prepared for New Era of Risk
This landmark study provides private- and public-sector leaders with evidence-based insights into the cybersecurity practices and investments that are most effective for mitigating risks.
ThoughtLab, a leading global research firm, today announced the findings of its 2022 cybersecurity benchmarking study, Cybersecurity Solutions for a Riskier World. The study analyzed the cybersecurity strategies and results of 1,200 large organizations across 14 different sectors and 16 countries, representing $125.2 billion of annual cybersecurity spending.
Ground-breaking analysis reveals industry metrics and best-performing cybersecurity strategies
As part of ThoughtLab’s evidence-based research, its economists assessed the cybersecurity performance of corporate and government organizations against 26 metrics, including times to detect, respond to, and mitigate a cybersecurity breach, as well as the number of material breaches suffered. The benchmarking study revealed 10 best practices that can reduce the probability of a material breach and the time it takes to find and respond to those that happen:
-
Take cybersecurity maturity to the highest level
-
Ensure cybersecurity budgets are adequate
-
Build a rigorous risk-based approach
-
Make cybersecurity people centric
-
Secure the supply chain
-
Draw on latest technologies but avoid product proliferation
-
Prioritize protection of links between information and operating technologies
-
Harness intelligent automation
-
Improve security controls for expanded attack surfaces
-
Do more to measure performance.
A coalition of cybersecurity experts from leading companies, associations, and universities
The research program drew on the expertise of the Information Security Forum as well as a diverse group of cybersecurity leaders and experts from across the private sector, government, and academia.
