According to a recent report by AppDirect, 45% of IT leaders faced a security breach within the last year.
The results show that while 92% of IT business leaders believe they’ve made the right security investments and 88% say they meet all compliance requirements, half are kept up at night over their company’s security. According to the report, the top areas of concern include cybersecurity risk (58%), information security risk (53%) and compliance risk (39%).
The study also found that 49% of IT business leaders count human error, including those by employees, among their top security concerns.
Nearly 75% of IT leaders are likely to purchase cybersecurity software solutions in the next 12 months. However, 45% report they’ve experienced security or data privacy concerns related to their third-party tech vendor solutions.
Read the full report here.