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ThreatConnects Recent Research Shares Concerns about Cybersecurity Burnout
Fremont, CA: According to new research from ThreatConnect- the leader in reducing complexity and enabling better decision making in cybersecurity, the increased risk of cyberattacks on businesses is being compounded by significant recruitment and retention issues within cybersecurity teams, making businesses more vulnerable to potential attacks.
With the number of data breaches expected to exceed that of 2020 in 2021, cybersecurity teams are under increased pressure to keep businesses secure. According to ThreatConnect's research, there is a concerning level of staff turnover, skills shortages, burnout, and low staff morale, indicating depleted reserves attempting to manage the growing risk.
The COVID-19 pandemic has triggered what many refer to as the "Great Resignation," which has impacted all industries for the past two years. Employees, particularly those in the security sector, are now expected to do more with less.
Cybercrime has grown significantly in the last year, making digital security for businesses both more important and more difficult to obtain. With cybercrime on the rise, businesses cannot afford to lose any security team members.
"In today's digital ecosystem it is crucial that security employees receive adequate training, support, and resources needed to work efficiently in their jobs," remarked Adam Vincent, Co-Founder, and CEO of ThreatConnect. "As employee turnover increases in this sector, it creates a vicious cycle that impacts a company's performance and ability to mitigate cyber risks."
"This makes it even more difficult for security teams to fulfill the company's needs. Organizations must look at these numbers and recognize that there is more that can be done to protect their employees and in turn, the welfare of their company."
With increased workloads and a shift in industry dynamics, ThreatConnect 6.4 aims to support teams with additional capabilities built on its Threat Intelligence Platform (TIP) and Security Orchestration and Automation Platform (SOAR), to empower the workflow of threat intelligence and security operations teams both individually and collaboratively. Analysts in security operations and cyber threat intelligence (CTI) benefit from faster, valuable context to expedite investigations. This combined approach creates a continuous feedback loop that aids in the realization of Intelligence-Driven Operations and improves team efficiencies.