Current Cybersecurity Landscape: 3 Stats We Help You Avoid

August 09, 2024 by Tim Walsh

Current Cybersecurity Landscape: 3 Stats We Help You Avoid

The public sector is not immune to cybersecurity threats. The truth is, cyberthreats are continually impacting government, schools, and financial services — all ranking among the top 5 targeted industries — overburdening already understaffed departments. And staying on top of monitoring and securing assets is no longer just a thought, it’s a nonstop necessity.

Here are three stats we highlighted in ‘Defining the Cybersecurity Landscape: 2023 Trends and 2024 Projections’.

48% of organizations reported an increase in cyberattacks compared to the previous year.

Decrease the Risk of a Cyberattack Happening

"It's not if, but when," has always been a motto among our cybersecurity experts. Because as we all know, it’s always a good idea to strengthen your defenses against the unknown — especially with cyberattacks on the rise. It’s also important to note that 62% of IT leaders believe most organizations do not report all cyberattacks.3

From 2016-2022 alone, it’s reported 1,619 cyber incidents occurred across our nation in K-12 public schools and districts. 4 Those incidents included unauthorized breaches, ransomware attacks, phishing attacks, denial-of-services attacks, and more. To stop cyberattacks like these in their tracks, it’s imperative to implement solutions and services that offer around-the-clock monitoring and reporting, provide insights into security events for both on-premises and cloud environments, and securely detect vulnerabilities.

“Managed Detection & Response has done an excellent job in helping us to be proactive and to find out about possible threats and other issues before they become widespread or even a full-blown incident,” Mark Leslie, coordinator of network operations for Richland County School District One, Columbia, South Carolina.

Cybersecurity and risk management are listed as the #1 priority for state CIOs in 2024.

Find a Trusted Partner That Knows Government

It’s no secret that government organizations and most industries have repeatedly experienced staff shortages, leading to individuals taking on more to serve constituents. It’s even been reported that 59% of global IT leaders say their teams were understaffed. Under the strain of increased workload and pressure, critical cybersecurity tasks, which require focus and attention to detail, can fall through the cracks.

Similar to many other government entities, the city of Auburn, Maine, previously used a system that provided over 10,000 file logs a day, which overwhelmed the staff who were neither large nor specialized. “We didn’t have the resources or expertise to interpret the log files or make cybersecurity a top focus with all the other activity going on,” said Paul Fraser, director of information technology for Auburn, Maine.

When public sector cybersecurity experts support you, you receive all the benefits of growing your team without providing extensive training or overwhelming your budget. We focus on finding ways to better monitor and support government organizations just like yours so you can focus on what you do best — serve the public.

15% of global organizations reached the ‘mature’ level of readiness to be resilient against today’s risks.

Secure Today for a Fortified Future

Are you part of the 85% of organizations that do not reach the ‘mature’ level of readiness? In 2023, the global average cost of a data breach reached $4.45 million. Establishing a healthy cybersecurity culture alleviates the threat burden while connecting you to experts and useful services.

How can Tyler’s Cybersecurity solutions and services help you avoid being part of these statistics? At Tyler, we recommend prioritizing an end-to-end cybersecurity strategy built on three core functional elements: people, process, and technology. Factoring each element into your cybersecurity process helps ensure organizational effectiveness against evolving threat environments. As a proven preparedness partner, we’re equipped with AI and human cybersecurity experts, which allows us to proactively hunt for threats, scan for vulnerabilities, conduct technical testing, provide consulting, and more. Our offerings are designed exclusively for the public sector, and our solutions and services can be tailored to your unique needs and wants.

Ready to Learn More?

This year, cybercrime activity is expected to surpass records. Our 2024 Cybersecurity Webinar Series, offers the latest practices to inform, guide, and help you fortify your assets. Learn more about cyberthreats and how our solutions and services can support your organization by watching the full webinar or registering for a future webinar.

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