Singapore

70% say their organization was breached as part of a cyber attack in the last 12 months, and 26% experienced multiple breaches in the same period.

Operational downtime (43%) and financial loss (37%) are the most common consequences of being breached.

IoT security is the top challenge in region, followed by outdated legacy infrastructure and balancing the need for security with the desire to innovate and adopt new technologies quickly.

On an average business day, 56,400 physical and virtual assets are connected to organizational networks. Only 51% of these assets are monitored, leaving half (49%) unmonitored.

11 different sources are used to collect threat intelligence data. However, with just 50% to 56% of related processes automated, only 62% of the information gathered is actionable, leading to 32% of cybersecurity teams being overwhelmed by cyber threat information.