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Covid challenges the security of companies: 62% recognize more cyberattacks | Companies

The Covid-19 pandemic has challenged the security of businesses. And is that 62% of companies recognize that its technological infrastructure has suffered more attacks since the virus began to spread, as reflected in the report The state of cybersecurity in Spain, prepared by Deloitte.

The popularization of teleworking due to mobility restrictions and the measures adopted by home confinement have forced many organizations to implement digitization very quickly and to adopt remote work as the main way for the company’s business continuity.

In contrast, the Deloitte study highlights that the pandemic has generated the cut cybersecurity budgets by 57%Therefore, the risks of suffering an attack on companies’ online systems have increased. In fact, the report details that cyberattacks have increased in sensitive sectors, such as healthcare, where several organizations have suffered theft of information and ransomware.

In this sense, the study exposes the relationship between the cybersecurity budget and significant incidents that the organization experiences, so that companies that spend less than 3% of their budget on cybersecurity (the average is 9.3%) suffer a greater number of incidents, reaching an average of two incidents per year.

Gianluca D’Antonio, partner of risk advisory specialized in cybersecurity at Deloitte, indicates that “cybersecurity has gone from being perceived as a luxury to being a necessity of organizations. However, they need to allocate a greater percentage of their IT / OT budget if they want to improve their security and minimize cyber incidents, a risk that can compromise business continuity and seriously affect the sustainability of the company ”.

76% of organizations have suffered between one and two significant incidents per year, as drawn from the Deloitte study. By sectors, administration, health and insurance are those that report the highest number of incidents in the last year. In addition, 77% of the companies that are part of the group with the highest average annual cyber incidents do not have any type of certification.

Only 52% of companies are ready

Repel attacks. Only 52% of the companies surveyed by Deloitte believe that their organization is prepared to deal with a cyber incident. However, in this area the banking sector stands out, in which 80% of organizations consider that it is prepared to repel an attack.



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