​Majority of IT managers expect data breaches at their companies in next three years: Survey - BNN Bloomberg

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North American businesses are worried about rising cyber security risk, with a new survey finding 77 per cent of IT managers expect a data breach at their companies within the next three years.

Data and analytics company Adastra shared the results Wednesday from its survey of IT professionals in the U.S. and Canada, conducted by Forum Research last month.

Respondents to the survey said data security is a “game changer” for their companies heading into 2023. Most of the responding managers said their companies already have a cybersecurity division, at 68 per cent. Eighteen per cent said they are in the process of creating a cybersecurity division and just six per cent of respondents said they do not have one.

Data breaches can range from emails with confidential information sent outside the company, to bigger threats like ransomware attacks that bring down core business functions, Chahal said. Chahal said smaller companies may have a harder time bouncing back from big breaches, but preparation in the form of policies and data training for employees can make things easier, particularly as people who were hired during the pandemic and working remotely may still be familiarizing themselves with company data policies.

 

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