![Featured image for Insights From CyberEdge's 2020 Cyberthreat Defense Report](https://securitybootcamp.net/wp-content/uploads/2021/02/insights-550x262.png)
Description: CyberEdge is pleased to announce results from its seventh-annual 2020 Cyberthreat Defense Report! 1,200 IT security professionals were surveyed from 17 countries and 19 industries about their perceptions of cyberthreats, their planned security investments, and strategies for securing modern network assets.
Join CyberEdge's CEO, Steve Piper, as he reviews key results from this year's report, including:
- 81% of networks were breached last year
- 58% of ransomware victims paid ransoms
- 85% experiencing a shortfall of IT security personnel
- 13% of a typical IT budget is spent on security
- 4 in 5 prefer security products with ML or AI technology
- Only 35% of SSL/TLS traffic is decrypted for inspection
- Containers, OT, and IoT devices are hardest to secure