Just 3% of organizations are resilient against modern cybersecurity threats, according to Cisco’s 2024 Cybersecurity Readiness Index.
This represented a significant decline in the proportion of global organizations that had a ‘mature’ level of readiness compared to last year, when 15% were ranked mature.
Nearly three-quarters (71%) of organizations fell into the bottom two categories – ‘formative’ (60%) and ‘beginner’ (11%). The other 26% were ranked as ‘progressive.’
The report surveyed 8136 private sector business leaders who have cybersecurity responsibilities in their organizations, analyzing their security posture across five pillars:
- Identity intelligence
- Machine trustworthiness
- Network resilience
- Cloud reinforcement
- AI fortification
The size of the organization correlated with cybersecurity readiness, with bigger companies exhibiting a higher rate of maturity.
For example, larger businesses (over 1000 employees) scored highest in the top two categories – mature and progressive.
Conversely, small companies (10-249 employees) were significantly less ready, with the highest proportion falling into the formative and beginner categories.
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