FEATURE : NETWORK SECURITY
cyberattack in 2021 . Cyber-risk is also on the rise : 50 % of CISOs in Australia are more concerned about the repercussions of a cyberattack in 2021 than they were in 2020 .
• User awareness doesn ’ t always lead to behavioral change : While more than half of global survey respondents believe employees understand their role in protecting their organization from cyberthreats , only 41 % of Australian CISOs said the same . In addition , 58 % of global CISOs still consider human error to be their organization ’ s biggest cyber vulnerability , compared to 45 % of Australian CISOs . Australian CISOs listed falling victim to phishing emails , mishandling sensitive information , and clicking malicious links or downloading compromised files as the most likely ways employees put their business at risk .
• Long term hybrid work environments present a new challenge for CISOs : 47 % of Australian CISOs agree that remote working has made their organization more vulnerable to targeted cyberattacks , with 45 % revealing they had seen an increase in targeted attacks in the last 12 months .
• High risk , high reward likely to be a common cyber theme over the next two years : 63 % of global CISOs and 51 % of Australian CISOs believe that cybercrime will become even more profitable for attackers . 60 % of global CISOs believe that it will become riskier for cybercriminals compared to 40 % of Australian CISOs .
• CISOs will adapt their cybersecurity strategy to stay ahead : Overall , the majority of global CISOs expect their cybersecurity budget to increase by 11 % or more over the next two years ,
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