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Micro Focus unveils new State of Security Operations report

CyberRes, a business line of cyber resiliency firm Micro Focus, unveiled its annual State of Security Operations report this week.

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Wed, 25 Aug 2021
Micro Focus unveils new State of Security Operations report
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The report aims to provide users with insight into how to effectively modernise their business through security operations, ensuring a robust digital value chain, and by addressing current and emerging threats.

The report revealed that increased remote work demands had created unique cyber security challenges for businesses by expanding their attack surface, forcing companies to adopt new security techniques and hybrid-cloud deployments.

The report analyses future threats by observing trends and changes in the cyber security market, by conducting a survey of over 500 leading security operations managers from around the world.

Of the key findings, the report determined that 85 per cent of organisations have had to increase their cyber security budget to meet the growing challenges of remote working throughout the recent pandemic, meanwhile 72 per cent have increased their staffing.

The survey also uncovered that some 95 per cent of organisations are not working on a hybrid-cloud environment.

In Australia, the findings demonstrated that a significant number of organisations plan to upscale their cyber security capabilities, with 51 per cent of respondents confirming that their organisation is planning to implement automated threat hunting over the coming year, with 44 per cent implementing risk assessments.

Forty-two per cent of respondents outlined they use Cyber Kill Chain modelling regularly.

Mark Fernandes, global chief technical officer at Cyber Res, noted that the survey found a widespread change in attitudes toward cyber security.

“The State of Security Operations report depicts a clearly defined pivot on how cyber plays a role in driving business modernisation, securing the digital value chain and driving digital transformation. SOCs of the future need to be resilient in combating modern artificial intelligence (AI)-led adversaries that do not rely on techniques of the past,” Fernandes said.

“The report shows that we are moving into an era of highly intelligent, counter-adversary centres that move the human analyst to the centre of creative interpretation of threats, where machines assist in countering modern threat actors using machine learning (ML), automation, cognitive and AI.”

The 20 question survey was conducted in May earlier this year, with 520 respondents across seven countries.

[Related: Rogue states and criminals collaborating on cyber crime, VMware survey showed]

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