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All issues › Volume 322, Issue 2 › IT Vendor News › Fortinet

Getting The Board On Board With Cybersecurity

Fortinet News, Tuesday, January 7th, 2025

As threat actors advance their tactics, the ramifications of falling victim to a breach are growing more severe. According to the Fortinet 2024 Cybersecurity Skills Gap Report, nearly 90% of enterprises experienced a cyber incident last year, with 63% saying it took longer than a month to recover from an attack.

Leaders within organizations are increasingly being held accountable when a breach does occur, with 51% of respondents indicating that their directors or executives have faced fines, jail time, loss of position, or loss of employment following a cyberattack.

While there's typically no single attributable cause of a breach, leaders cited a variety of factors that they believe contributed to successful cyberattacks: an IT and security staff that lacks the necessary skills and training (58%), a lack of organizational or employee security awareness (56%), and a lack of cybersecurity products (54%).

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