Cymulate survey reveals companies hit with cyber attacks likely to face repeated onslaughts

NEW YORK and TEL AVIV, Israel, June 15, 2022 /PRNewswire/ -- Cymulate, the Extended Security Posture Management market leader, announced today the results of a survey, revealing that two-thirds of companies who have been hit by cyber-crime in the past year have been hit more than once, with almost 10% experiencing 10 or so more attacks a year.  Research taken from 858 security professionals surveyed across North America, EMEA, APAC and LATAM across a wide range of industries including technology, banking, finance and government, also highlighted larger companies are experiencing shorter disruption time and damage to business with 40% reported low damage compared with medium-size businesses (less than 2,500 employees) which had longer recovery times and more business affecting damage.

NEW YORK, 15/06/2022 (informazione.news - comunicati stampa - scienza e tecnologia)

NEW YORK and TEL AVIV, Israel , June 15, 2022 /PRNewswire/ --  Cymulate , the Extended Security Posture Management market leader, announced today the results of a survey, revealing that two-thirds of companies who have been hit by cyber-crime in the past year have been hit more than once, with almost 10% experiencing 10 or so more attacks a year.  Research taken from 858 security professionals surveyed across North America , EMEA, APAC and LATAM across a wide range of industries including technology, banking, finance and government, also highlighted larger companies are experiencing shorter disruption time and damage to business with 40% reported low damage compared with medium-size businesses (less than 2,500 employees) which had longer recovery times and more business affecting damage.

Other highlights include:

"Surprisingly, the survey shows that victims of attacks do not double down on their defenses once they have been hit and they are largely seen by hackers as easy, lucrative prey", said Eyal Wachsman , CEO and Co-Founder of Cymulate. "However, it's great to see businesses are showing progress in other areas. Increased awareness and understanding of cyber risk at the boardroom level is making a substantial impact as the results illustrate that companies who are more proactive on this front incur less breaches. Another positive note is that larger corporations who have suffered breaches are recovering quicker and experiencing less damage from a business perspective, indicating that they have enhanced their capabilities to mitigate attacks and prevent damage." 

To access the full report, see here

Cymulate SaaS-based Extended Security Posture Management (XSPM) deploys within an hour, enabling security professionals to continuously challenge, validate and optimize their cyber-security posture end-to-end, across the MITRE ATT&CK® framework. The platform provides out-of-the-box, expert and threat intelligence led risk assessments that are simple to deploy and use for all maturity levels, and constantly updated. It also provides an open framework to create and automate red and purple teaming by generating penetration scenarios and advanced attack campaigns tailored to their unique environments and security policies. Cymulate allows professionals to manage, know and control their dynamic environment. 

For more information, visit  www.cymulate.com and register for a  free trial .

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Levona Simha , VP Marketing at Cymulate
levonas@cymulate.com  
IL: +(972) 523 536638

Gina Shaffer
gina.shaffer@si14global.com  
US: +1(707) 533-1504
IL: +(972) 54-649-3485