InfoSecBulletin Cybersecurity for mankind
ISACA 2024 survey report reveals that 66% of cybersecurity professionals find their jobs more stressful now than five years ago.
The annual study, sponsored by Adobe, showcases the feedback of more than 1,800 cybersecurity professionals on topics related to the cybersecurity workforce and threat landscape. According to the data, the top reasons for this increased stress are:
CISA alerts to cyberattacks affecting U.S. water utilities
“CyberStrike” AI-Driven Security Platform for Automated Testing
AIDCQ Propose to invest $2 billion in AI data center in Bangladesh
NVIDIA BlueField Flaw Enables Code Execution Attacks
Massive customer data from India’s Bank of Baroda surfaced online
Active Exploits Hit Fortinet, Arista: AI Discovered Linux Kernel Zero-Day
Sam Altman Claims AI “singularity” has arrived, Where Systems Improve by Themselves
Shinyhunters claimed and set deadline to publish E&Y data
Microsoft, NVIDIA and CrowdStrike Initiate Alliance for Open-Source AI Security
Google Search Results Reportedly Show Claude AI Shared Chats
An increasingly complex threat landscape (81 percent)
Low budget (45 percent)
Worsening hiring/retention challenges (45 percent)
Insufficiently trained staff (45 percent)
Lack of prioritization of cybersecurity risks (34 percent).
Increasing Cybersecurity Attacks
In line with this sentiment around challenging threats, 38 percent of organizations are experiencing increased cybersecurity attacks, compared to 31 percent a year ago. These top attack types include social engineering (19 percent), malware (13 percent), unpatched system (11 percent) and Denial of Service (11 percent).
On top of that, nearly half (47 percent) expect a cyberattack on their organization in the next year, and only 40 percent have a high degree of confidence in their team’s ability to detect and respond to cyber threats.
“Social engineering attacks, such as phishing, are a growing concern for organizations as human error remains a major factor in data breaches,” said Mike Mellor, VP of Cyber Operations at Adobe. “With the increasing frequency and sophistication of these attacks, it’s essential for organizations to adopt secure authentication methods to strengthen their defenses. Adobe believes that fostering a deep security culture among all employees through anti-phishing training, combined with stronger controls such as zero-trust networks protected by phishing-resistant authentication are essential in safeguarding any organization.”
Resource Challenges:
Despite an increasingly difficult threat landscape, the survey shows cybersecurity budgets and staffing are not keeping pace. More than half (51 percent) say that cyber budgets are underfunded (up from 47 percent in 2023), and only 37 percent expect budgets will increase in the next year.
Though 57 percent of organizations say their cybersecurity teams are understaffed, hiring has slightly slowed:
38 percent of organizations have no open positions, compared to 35 percent last year,
46 percent of organizations have non-entry level cybersecurity positions open, compared to 50 percent last year.
18 percent have entry-level positions open, compared to 21 percent last year.
Skills and Retention Trends
Employers seeking qualified candidates for open roles are prioritizing prior hands-on experience (73 percent) and credentials held (38 percent). Respondents indicate that the main skills gaps they see in cybersecurity professionals are soft skills (51 percent)—especially communication, critical thinking and problem solving—and cloud computing (42 percent).
For the more than half of survey respondents (55 percent) that reported having difficulties retaining qualified cyber candidates, the main reasons for leaving included being recruitment by other companies (50 percent, down eight points from 2023), poor financial incentives (50 percent), limited promotion and development opportunities (46 percent), and high work stress levels (46 percent).
“Employers should home in on the occupational stress their digital defenders are facing. This is an opportunity for employers to explore ways to support staff before burnout and attrition occur,” says Jon Brandt, ISACA Director, Professional Practices and Innovation. “Employees want to feel valued. As the leadership adage goes, take care of your people and they’ll take care of you.”
A complimentary copy of ISACA’s 2024 State of Cybersecurity survey report can be accessed at www.isaca.org/state-of-cybersecurity-2024.
