New Research: 97% of U.S. CIOs Identify Cybersecurity as a Current Major Threat to Their Organization

Rhea-AI Summary

Opengear, a Digi International company (DGII), releases research showing 97% of US CIOs have serious concerns about network resilience

EDISON, N.J.--(BUSINESS WIRE)-- According to new research released by Opengear, a Digi International company (NASDAQ, DGII, www.digi.com) and provider of secure and Smart Out of Band management solutions, a staggering 97% of U.S.-based CIOs surveyed expressed serious concerns about at least one cybersecurity threat. This comprehensive survey encompassed responses from 502 CIOs and 510 network engineers in the U.S., U.K., France, Germany, and Australia. The primary cybersecurity concerns highlighted in the research included malware (42%), spam and phishing (34%), social engineering (31%), and insider threats (30%). Remarkably, malware also emerged as a significant threat for 42% of the surveyed network engineers.

New Research: 97% of U.S. CIOs Identify Cybersecurity as a Current Major Threat to Their Organization (Photo: Business Wire)

While only 23% of U.S. CIOs reported distributed denial-of-service (DDoS) attacks as a threat, 38% of network engineers reported a higher level of concern for this specific type of attack, most likely due to their close proximity to the network. To add to these concerns, U.S. engineers said that insufficient investments are enhancing the risk of cyberattacks and/or downtime (59%). This suggests that lack of budget spent on software upgrades and network upgrades, for example, leaves organizations more vulnerable to attack and has the potential to affect business continuity, which is a high priority for 97% of CIOs in the U.S. and 88% of CIOs globally.

“The skills shortage and insufficient investment in networks are two factors that have combined to encourage cybercriminals to breach businesses,” said Gary Marks, President at Opengear. “Smart Out of Band solutions enable organizations to manage their networks at all times from local and remote sites, even during an outage. Network engineers can make smarter, real-time decisions to achieve consistent network resilience and unparalleled visibility, with security and encryption features ensuring that management policies remain continually enforced.”

Continued technology investment is essential to enable engineers to safeguard networks during cyberattacks. The latest research further highlights a concerning trend, indicating that 27% of U.S. network engineers are actively contemplating leaving their current roles due to inadequate funding — an alarming contrast to the global average of 21%.

About Opengear

Opengear, a Digi International company, delivers secure, resilient access and automation to support critical IT infrastructure on the First Day, Every Day and Worst Day. Through presence and proximity, Opengear solutions enable provisioning, orchestration, and remote management of network devices through innovative software and appliances. Opengear solutions are trusted by global organizations across financial, digital communications, retail, and manufacturing sectors. The company is headquartered in New Jersey, with an R&D center in Brisbane, Australia.

For more information, visit www.opengear.com/.

About Digi International

Digi International (NASDAQ: DGII) is a leading global provider of business and mission-critical Internet of Things (IoT) connectivity products and solutions. We help our customers create next-generation connected products and solutions to deploy, monitor, and manage critical communications infrastructures and compliance standards in demanding environments with high levels of security, relentless reliability, and bulletproof performance. Founded in 1985, the company has helped customers connect more than 100 million things – and counting. For more information, visit www.digi.com, or call 877-912-3444 (U.S.) or 952-912-3444 (International).

View source version on businesswire.com: https://www.businesswire.com/news/home/20231128568826/en/

Opengear U.S. Media Contact

Peter Ramsay

open@globalresultspr.com

+1 949 608 0276

Opengear UK Media Contact

Kate Hellig

kateh@whiteoaks.co.uk

+44 (0) 1252 727313

Source: Opengear

FAQ

What company released the research showing concerns about network resilience among US CIOs?

Opengear, a Digi International company (DGII), released the research.

What percentage of US-based CIOs expressed serious concerns about network resilience?

97% of US-based CIOs expressed serious concerns.

What industry does Opengear operate in?

Opengear operates in the secure and Smart Out of Band management solutions industry.

What is the ticker symbol for Digi International company?

The ticker symbol for Digi International company is DGII.

Where can I find more information about Opengear and Digi International company?

You can find more information about Opengear and Digi International company on their website www.digi.com.