Illumio has released The Zero Trust Impact Report, which discovered that 47 per cent of security leaders do not believe they will be breached despite increasingly sophisticated and frequent attacks.
Conducted by the Enterprise Strategy Group (ESG), which surveyed 1,000 IT and security professionals in eight countries, the key findings of the report have found the severity and frequency of attacks are still rising. In the past two years alone, more than three-quarters of organisations surveyed (76 per cent) have been attacked by ransomware and two-thirds (66 per cent) have experienced at least one software supply chain attack. More than half (52 per cent) believe cyber attacks will result in catastrophic breaches.
According to PJ Kirner, Illumio co-founder and CTO, catastrophic breaches keep happening despite another year of record cyber security spending.
“Money will not make the problem go away until security leaders move beyond the legacy approach to only focus on detection and perimeter protection.
“I’m shocked that nearly half of those surveyed in the Zero Trust Impact Report do not think a breach is inevitable, which is the guiding principle for zero trust, but I am encouraged by the hard business returns zero trust and segmentation deliver.
“Zero trust segmentation is emerging as a true market category that is transforming business operations and strengthening cyber resiliency,” Kirner said.