sb-au logo
Story image

75% of IT execs 'worried' about being targeted in cyber-attack

18 Sep 2020

More than 75% of IT decision-makers say they are worried about being the target of a cyber-attack in the next six months.

That’s according to a new report from ConnectWise, which commissioned a survey finding that, because of this concern, 91% of SMB executives would consider moving to a new IT service provider if it offered the ‘right’ cybersecurity solution.

The survey, conducted by Vanson Bourne, quizzed 700 IT executives ‘involved’ in cybersecurity in their organisation.

“There is an increased market opportunity for MSPs who participate in an ongoing basis in cybersecurity training, remain current on the latest threats, and become versed in cybersecurity technology,” says ConnectWise vice president of cybersecurity initiatives Jay Ryerse. 

“As MSPs raise their understanding across the entire cybersecurity discipline, they find themselves strongly positioned for growth in a post-pandemic economic recovery, emerging from the experience stronger and more agile, and with customers better prepared for the cybersecurity challenges that lie ahead.”

The report also found that 68% of respondents believe the ‘right’ offering means having confidence in an MSP’s ability to respond to security incidents. In comparison, 58% stated it’s having confidence in an MSP’s ability to minimise damage or loss.

The place of cybersecurity as crucial to an organisation is shifting upwards in 2020, with 86% of SMBs placing it within the top five priorities for their organisation.

A further 60% said they would invest more in cybersecurity - likely because many (52%) concede that they lack the in-house skills necessary to deal with security issues adequately.

The research found that MSPs are increasingly being sought out to help close the skills gap.

“The survey’s findings show what we know to be true: Confidence remains a key factor for SMBs in choosing the ‘right’ MSP offering for their business needs,” says Ryerse. 

“Currently, only 13% of SMBs are having regular cybersecurity-related conversations with their MSP.

“Even more worrisome is the fact that 29% of SMBs talk to their MSP about cybersecurity only after they have suffered an incident.”

While COVID-19 has resulted in an increase in the number of cyberattacks, the pandemic did not significantly impact respondents’ views towards prioritising cybersecurity, according to the research.

However, COVID-19 has raised new concerns for SMBs, with 79% of respondents worrying about their remote devices or remote employees being breached. 

“It’s clear that MSPs must work to reinforce that confidence and build closer relationships with their clients,” concludes Ryerse. 

Story image
Mobile devices biggest enterprise security threat - report
Businesses have left themselves vulnerable and open to cyber criminals in the rush to ensure their workforce could operate remotely during the Covid-19 pandemic.More
Story image
Why a more secure organisation is a collective responsibility
With vast volumes of data moving to the cloud, many IT professionals are frequently challenged to protect their enterprise environment, and there is a greater focus being placed on advancing cybersecurity strategies.More
Story image
Attivo Networks expands Active Directory suite for greater protection
"We see Active Directory exploitation used in the majority of ransomware, insider and advanced attacks. We are pleased to now offer our customers early and efficient solutions for preventing the misuse of Active Directory.”More
Story image
2020 sees a global shift in financial malware threats
The financial threat landscape experienced a game-changing pandemic year, according to a new report from Kaspersky.More
Link image
Virtual demo: Diagnose network cabling problems with the LinkIQ Cable+Network Tester
If you’re finding it difficult to install access points and cabling, or if you can’t pinpoint an issue with a video camera or end user, the LinkIQ Cable+Network Tester could be exactly what you need. Try a free, fully interactive demo now.More
Story image
Hackers offering forged “official” COVID vaccination certificates and negative test results on dark net 
There has been a 350% increase in the number of advertisements selling alleged COVID vaccines within the last three months.More