Approximately 70 percent of European companies do not focus their security focus on applications that are critical to their business. This is apparent from research commissioned by CyberArk, which was carried out in various European countries, including the Netherlands.

Systems such as ERP and CRM often receive as much attention as other apps or services that are much less relevant to day-to-day business operations. However, respondents state in the study that even the slightest downtime of business-critical apps can lead to major problems. According to 61%, the impact of this would be serious.

In addition, problems with business-critical apps not only lead to downtime, but also to additional costs such as damages and fines. Last year, the average cost of an attack on an ERP system amounted to 5.5 million. Half of the attacks last year were the result of organised abuse. Often, cybercriminals took advantage of privileges within IT systems.

“CISOs need to prioritize and adopt a risk-based approach to rigorously protect business-critical apps, especially privileged access, so that those accounts remain usable no matter what attacks pass the perimeter,” said David Higgins, EMEA technical director at CyberArk.

Problems

56 percent of companies have experienced data loss, data leakage or service downtime in the past two years. The Netherlands ranks second with 67 percent, after Switzerland with 71 percent. However, the majority are convinced that the company is capable of stopping all attacks on the edge of the network. This is 77 percent in the Netherlands and 72 percent on average.

The study also shows that three-quarters of companies want to move business-critical apps to the cloud. 69 percent migrates data from popular ERP applications to the cloud.

This news article was automatically translated from Dutch to give Techzine.eu a head start. All news articles after September 1, 2019 are written in native English and NOT translated. All our background stories are written in native English as well. For more information read our launch article.