Besides that, the report reveals that 80% of CISOs feel at risk of experiencing a material cyberattack in the next 12 months, up from 65% last year. Yet, only 45% believe their organisation is prepared to cope with a targeted cyberattack, and 68% think they have adequate controls to protect their data.
More than half (55%) of chief information security officers (CISOs) in Singapore have dealt with a material loss of sensitive data in the past 12 months. Of those, 87% say employees leaving the organisation played a role in data loss incidents, according to the 2023 Voice of CISO report by Proofpoint.
In line with that, the top threats perceived by CISOs this year are insider threats, cloud account compromise and business account compromise. Fifty-nine percent of the respondents also believe that human error is their organisation's biggest cyber vulnerability.
