Organisations in Vietnam are facing longer downtimes caused by cybersecurity breaches.(Photo: Cisco)Hanoi (VNS/VNA) — Organisations in Vietnamare facing longer downtimes caused by cybersecurity breaches, compared to theregional and global averages, according to a recent Cisco study.
The Cisco’s 2019 AsiaPacific CISO Benchmark Study was released this week.
Almost a third ofcompanies in Vietnam were offline for 24 hours or more after their most severebreach in the past one year, compared to just four percent globally and 23 percentin the Asia-Pacific region.
The Vietnam number isa huge rise from last year, when only 15 percent of organisations in thecountry suffered downtime of 24 hours or more.
The study is based ona survey of almost 2,000 security professionals from across the region. Ithighlights that security practitioners in Vietnam are being kept busy.
According to thestudy, 36 percent of respondents reported receiving more than 10,000 threatalerts a day, while 26 percent said they received more than 50,000 alerts perday.
With a high number ofcyber threats, the real challenge lies in what comes after an alert isreceived, how many of the alerts are investigated, and how many of those foundto be genuine are eventually remediated.
The good news is thatcompanies in Vietnam are doing better than the Asia-Pacificaverage on both those fronts.
According to thestudy, businesses investigated 51 percent of the threats, compared to 44 percentacross Asia-Pacific.
Of the threats foundto be genuine, 45 percent were addressed, up from 44 percent last year.
Companies in Vietnamare doing better in remediating legitimate alerts compared to the regional andglobal averages, which stood at 38 percent and 43 percent respectively.
Vietnamese companieshave also seen a big decline in the financial impact of cyber breaches. Amongthe respondents, 18 percent said the most severe breach in the past one yearcost them more than one million dollars. This is a huge decline from a yearago, when 77 percent of companies reported a financial impact of a million dollarsor more.
According to LuongThi Le Thuy,managing director at Cisco Vietnam as digital maturity and adoption increasesacross Vietnam, there has been an increased awareness of cybersecurity amongbusinesses.
The study highlightsthat the use of multiple vendors is adding to the complexity for securityprofessionals.
According to thereport, 31 percent of companies are using more than 10 vendors. While thenumber is better than the global average of 39 percent, it is still posing achallenge for companies./.
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