SANTA CLARA, Calif.,
Jan. 26, 2021 /PRNewswire/
-- Infoblox Inc., the leader in Secure Cloud-Managed
Network Services, today unveils new research into the
foundational infrastructure challenges faced by networking and
security decision-makers in the US government. The report reveals a
disruptive year of workforce transformation forced by the COVID-19
shutdowns during which respondents also handled expensive fallouts
from network outages and data breaches.
Based on 294 responses from federal, state and local government
IT decision-makers, key survey findings include:
- Cybersecurity breaches inflict multi-million dollar
pain on government organizations: 81% of respondents
estimated data breaches have cost their organizations at least
$1 million.
- The majority of network outages exceeds $1 million in damages: 60% of networking
outages cost at least $1 million in operational
disruptions, reputational damage, lost data, and financial
losses.
- Networking and security challenges
are inter-connected: 40% said preventing network outages
was their top cybersecurity challenge, edging out the hiring and
retention of qualified IT staff and securing cloud application data
(38% each). Respondents rated network monitoring (73%) and threat
intelligence (66%) as the most effective technologies for
mitigating these challenges.
- Cloud networking attacks are rising: 84% of
respondents experienced one or more cloud networking attacks in the
last 12 months.
- As cyber attacks escalate, security budgets continue to
grow: 67% of respondents' budgets grew from 2019 to 2020 and
73% estimate an increase from 2020 to 2021.
Respondents also indicated that the costs of network outages
extend far beyond direct financial damages. They cited concerns
over lost productivity, reputational damage, loss of intellectual
property, breach notification processing, and legal ramifications
as unpleasant consequences to prevent.
"The COVID-19 shutdowns strained government IT resources as
teams were time-pressed to secure remote workers while building out
the infrastructure," says Allen
McNaughton, Director of Sales Engineering, Infoblox Public
Sector. "As the cascading SolarWinds breach reminds us, the US
government faces well-resourced attackers capable of finding and
exploiting unexpected gaps. Government IT teams have the tough job
of building out cloud infrastructure while defending it and legacy
systems, which raises the stakes."
"Fortunately, government IT teams are prioritizing network
visibility and security investments to directly address their areas
of top concern," notes McNaughton. "This correlates with demand for
our core networking and security services, which has grown
substantially year-over-year. Infoblox securely extends a
customer's network into the cloud and sources DNS traffic insights
that BloxOne Threat Defense uses along with other threat
intelligence feeds and mitigation tools to provide defense-in-depth
for on-premises and remote systems."
Download the report here.
About Infoblox
Infoblox delivers the next level
network experience with its Secure Cloud-Managed Network Services.
As the pioneer in providing the world's most reliable, secure and
automated networks, we are relentless in our pursuit of next level
network simplicity. Infoblox has over 8,000 customers, including
350 of the Fortune 500, and is recognized as the industry leader in
the DDI networking market.
Learn more at https://www.infoblox.com/solutions/government/
CONTACT:
Lise Feng
lise@infoblox.com
View original content to download
multimedia:http://www.prnewswire.com/news-releases/report-us-government-organizations-lose-millions-in-an-average-network-outage-or-data-breach-301213985.html
SOURCE Infoblox Inc.