PHOENIX, June 14, 2023 (GLOBE NEWSWIRE) -- Bishop Fox, the leading authority in offensive security, today announced the results of a study, conducted by the Ponemon Institute, exploring enterprise adoption and use of offensive security tools and techniques to more effectively harden environments and assets. An overwhelming 64% are employing Red Teaming in some capacity, whether building their own internal team, employing external resources, or a combination. Additionally, more than half will increase investment in the function over the next 12-24 months, with nearly a quarter reporting significant increases in Red Teaming.
The report is the result of a survey of nearly 700 respondents in organizations that actively perform offensive security testing and was conducted by the Ponemon Institute. Nearly 70% of the companies comprised organizations of 5,000 employees or more.
The report underscores that despite substantial investments in threat intelligence and defensive technologies, there are levels of persistent exposure that can only be addressed by combining offensive and defensive strategies. It highlights how forward-leaning enterprises are taking matters in their own hands and leveraging attackers’ tactics, techniques and procedures against themselves. This enables them to identify weaknesses and close them down before threat actors discover them, as well as limit the scope of impact of any compromise that subverts defenses.
Other notable findings in the report include:
- The top three threats driving offensive security investments are ransomware (41%), social engineering (40%), and cloud vulnerabilities (39%)
- More than half (52%) say employing offensive testing is effective or highly effective in defending against the top 3
- Nearly half of organizations are planning to conduct Red Team exercises at least monthly, with 26% planning to do so continuously
- More than half prioritize their Red Team exercises around tabletop exercises (63%), ransomware readiness (55%), and data breach scenarios (51%)
- Internal Red Teams are already in place, or in planning stages, in 70% of those surveyed
“We are approaching a tipping point in terms of organizational understanding that a wealth of external knowledge regarding the universe of active attackers, threats and vulnerabilities, is much less effective without truly understanding the specific risk and exposure dynamics in your own environment and assets,” said Tom Eston, VP of Consulting and Cosmos for Bishop Fox. “The market has been rapidly expanding to support this trend, and the overwhelming message in this report is a move to ‘full surface’ offensive security investment – from Attack Surface Management, to Red Team, to cloud, application, and product penetration testing and vulnerability assessment. If organizations aren’t complementing their defensive security program with offensive testing, they are, or will soon be, trailing the pack.”
The success of offensive security in combating attacks is driving growth across all offensive security categories, an indication that the market tipping point is fast approaching. These indicators include:
- Growth in additional offensive security use cases in the last 18 months, including cloud migration (41%), new app releases (40%), and new technology adoption (44%)
- Additionally, the business drivers that overlay the use cases include improving attack surface visibility (40%), accelerating zero day response (42%), and meeting compliance and regulatory requirements (42%)
- Finally, 62% of respondents express confidence or high confidence in their ability to identify assets and exposures
About Bishop Fox
Bishop Fox is the leading authority in offensive security, providing solutions ranging from continuous penetration testing, red teaming, and attack surface management to product, cloud, and application security assessments. We’ve worked with more than 25% of the Fortune 100, half of the Fortune 10, eight of the top 10 global technology companies, and all of the top global media companies to improve their security. Our Cosmos platform, service innovation and culture of excellence continue to gather accolades from industry award programs including Fast Company, Inc., SC Media, and others, and our offerings are consistently ranked as “world class” in customer experience surveys. We’ve been actively contributing to and supporting the security community for almost two decades and have published more than 16 open-source tools and 50 security advisories in the last five years. Learn more at bishopfox.com or follow us on Twitter.
Contact:
Kevin Kosh
kkosh@bishopfox.com
