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Among the key findings regarding the most pressing challenge , Australian cybersecurity leaders face in securing their organisation ’ s data was ‘ insufficient talent in IT and SecOps ’, cited by 26 % of respondents as the top security challenge .

More than 120 Australian respondents including CIOs , CISOs , IT and cybersecurity leaders were interviewed as part of Rubrik Zero Labs ’ The State of Data Security – The Human Impact of Cybercrime report , with more than 1,600 leaders worldwide taking part in the research .

With a lack of security talent , 96 % of Australian security and IT leaders said they ’ re concerned they won ’ t be able to maintain Business Continuity if they experienced a cyberattack in the next year .

• Lack of cybersecurity tools and solutions in place

• Haven ' t adequately addressed vulnerabilities from previous attacks

• Disagreement between different teams on how to protect against cyberattacks

Additional Australian findings from the report include :

• When faced with ransomware specifically , 73 % of Australian respondents said they ’ d consider paying the ransom with almost half ( 47 %) saying that they ’ d be ‘ extremely ’ or ‘ very likely ’ to pay the ransom

• Although zero-day attacks receive much of the cybersecurity industry ’ s attention , few Australian security leaders see it as their top threat in the coming year . The threats of most concern to local organisations were data breaches ( 31 %), phishing ( 22 %), denial of service attacks ( 17 %), ransomware ( 16 %), then zero-day exploits ( 14 %) x

Dale Heath , CTO at Rubrik Australia and New Zealand , said the spate of recent data breaches is collectively Australia ’ s turning point , causing local business leaders to become acutely aware of the risk of cyberattacks : “ The recent wave of cyberattacks have highlighted the lack of visibility and control organisations have into their environment . If you ’ re unable to answer questions like ‘ what sensitive data do I have ?’ and , more importantly , ‘ where is that data stored ?’, how can you begin to understand the risk associated with it ?

“ This ‘ Road to Damascus moment ’ is forcing Australian businesses to accept that a breach is inevitable – once you ’ ve taken this crucial first step , the way you protect your sensitive data changes drastically .”

The top five challenges local security leaders face in securing their data highlights a lack of essential resources – particularly skilled talent . When asked what their most pressing data security challenge was , Australian organisations cited :

• Insufficient talent in IT and SecOps

• Insufficient budget for data security

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