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Bridging the gap between cybersecurity investment & confidence

29 Oct 2024
2 min read
Written by
The Beyond / Qodea avatar
Qodea
Content Team
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UK retail IT and security leaders are facing a critical challenge: despite increased cybersecurity budgets, many feel less secure than ever. 65% report their concerns over cyber risks, with malware, ransomware, and phishing attacks topping the list.

While 95% of retailers increased security spending in the past year, 40% feel less secure and lack confidence that current investments will mitigate the growing risks. This disconnect highlights a crucial need to optimise security strategies.

  • 95% of retailers increased their security spend
  • 40% feel less secure and lack confidence

Key vulnerabilities include:

  • Data control: 60% cite a lack of data access and control as a major risk.
  • Inconsistent security: 50% struggle to enforce consistent policies across IT environments.
  • Expanding attack surface: 40% find it increasingly difficult to manage their growing attack surface.

Adding to these challenges, 80% of IT leaders report an increase in the severity of cyberattacks, and 70% believe Generative AI will further complicate the threat landscape.

Make sure your organisation is protected

Think about:

  • Strategic investment: Focus on solutions that address specific vulnerabilities and maximise ROI.
  • Data-centric security: Implement robust access controls and data governance measures.
  • Unified security policies: Ensure consistent security across all environments.
  • Proactive threat management: Adopt advanced threat detection and response capabilities.

By taking these steps, you maximise your investment and build confidence in securing a foundation for future success. To help you get started, we’re offering a free Public Attack Surface Report (PASR) assessment.

You can view an example PASR here or contact us if you’d like to discuss your options with a friendly security expert.

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