The number of targeted cyber attacks have more than doubled in Ireland in the past year, but companies are identifying the attacks more quickly, new research from Accenture has found.
The study found that 31 per cent of companies are detecting three out of four attempted attacks compared with 8 per cent in 2017. The rate of successful attacks dropped from 30 per cent to 13 per cent over the period.
More than half said it often took up to seven days to detect a breach; a third didn’t discover the problem until weeks later.
Accenture’s 2018 State of Cyber Resilience report found security teams were identifying 70 per cent of attempted attacks.
Part of that success was down to increased reporting by employees outside the cyber security teams. However, although employees played a role in detecting the attacks, they also contributed to some of them. The research found among the highest frequency attacks were internal breaches and accidentally published information.
The vast majority of Irish companies said internal attacks were the most frequent, and more than half said these attacks had the greatest impact on their business. In terms of frequency, hackers were in second place at 49 per cent. Accidentally published information was third at 41 per cent