Fortinet surveyed more than 400 Australian and New Zealand organisations, predominately medium to large enterprises for its Networking and Cybersecurity Adoption Index.
The result is an extensive report that reveals the benchmark score assessing the strength of an organisation’s cybersecurity readiness. This score can be used as a diagnostic tool for businesses as well as to create an overarching view of the cybersecurity strength of Australian and New Zealand businesses in general.
Less than one-third of Australian businesses feel highly prepared for a cyberattack.
Two-thirds of Australian businesses of all sizes knew that a cybersecurity breach would either create significant costs for their company or even end their business.
Less than two-thirds (58 per cent) had a disciplined adherence to best practices when it comes to cybersecurity.
Only 55 per cent of the survey respondents said there were clear responsibilities and security accountabilities in their organisation.
90 per cent of businesses said they did not feel ‘highly prepared’ for a threat.
Only half of the businesses surveyed planned to invest in their IT infrastructure.
One-third of respondents had invested in IT infrastructure in the past 12 months and more planned to invest in the short term.
10 per cent of businesses had implemented a zero trust security network, while about 16 per cent had never heard of zero trust security.