Report: 94% of devs say their company experienced a ‘preventable’ cyberattack


Products You May Like

According to a survey commissioned by Cyber Security Cloud Inc., 94% of respondents whose company experienced a cyberattack said it was preventable, almost 40% reported that the attack cost their company hundreds of thousands to tens of millions of dollars, and over half reported preventative cybersecurity spending to be from $100,000 to over $10 million.

The documented mayhem from cyberattacks is constant, exposing a planet-wide state of warfare causing data breaches and economic drain. In 2021, ransomware attacks in the U.S., for example, continued to surge, targeting all kinds of organizations — multinational IT firms, a global meat producer, companies responsible for critical energy and water infrastructure, health care organizations, universities, government agencies, and businesses in every vertical, including one of the largest insurance companies in the U.S.

The Cyber Security Cloud Inc. survey provides detailed information on developers who work hands-on in this arena — those who manage cloud and web applications in a hostile digital world and who understand the need for a web application firewall (WAF) and its operational improvement.

According to a recent survey of security professionals, 94% of cyberattacks were preventable, almost 40% of those attacks cost their company between one hundred thousand dollars and ten million dollars, and over 50% of those companies annually spent one hundred thousand to ten million dollars on cyber security.

The survey shows that WAF is a key proactive defense in most organizations’ drive to protect cloud applications and sensitive data, but that it isn’t easy to successfully manage. That’s because WAF’s effectiveness lies in deploying scores of properly expressed rules that do the heavy lifting to filter a massive number of ever-evolving, malicious attack patterns. A majority (72%) of developers at all WAF skill levels said they are overwhelmed by WAF rules, and 94% would be interested in automated managed rules for WAF.

With the survey finding that 85% of developers said that their own team or their boss was typically held responsible for successful cyberattacks, perhaps the coping mechanisms many employed were not surprising. Over a third (34%) of respondents have developed unhealthy habits from the impact of managing cloud or web applications, reporting that they drink more alcohol, oversleep, fight more with family or friends, grind their teeth at night, or overeat and eat unhealthy foods.

Read the full report by Cyber Security Cloud Inc.


VentureBeat’s mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact.

Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:

  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more

Become a member

Products You May Like

Articles You May Like

CrowdStrike Update Error Debacle: 5 Things to Know About Microsoft’s Global Outage
Microsoft Says Wrong to Call New Game Pass Standard Tier ‘Degraded’, Calls FTC Filing ‘Misleading’
Xiaomi launches first flip phone at just over $800, with a $70 portable printer
Ethereum co-founder warns against voting only on ‘pro-crypto,’ a day after a16z founders support Trump
iPhone 17, iPhone 17 Pro Specifications, Launch Timelines Tipped; iPhone 17 Slim Said to Get New Design

Leave a Reply

Your email address will not be published. Required fields are marked *