The (nation) state of cyber: 64% of businesses suspect they’ve been targeted or impacted by nation-state attacks

Venafi, the inventor and leading provider of machine identity management, announced new research findings that evaluate the security impact of the increasing number of nation state attacks and recent shifts in geopolitics.

According to the report, 66% of firms have changed their cybersecurity plans in direct response to the war between Russia and Ukraine, and 64% of respondents believe their company has been the target of nation state hacking.

The study was conducted in July 2022, with 1,101 security decision makers interviewed across the United States, United Kingdom, France, Germany, Belgium, Netherlands, Luxembourg, and Australia.

Other key findings from the research include:

82% believe geopolitics and cybersecurity are intrinsically linked
77% believe we are in a perpetual state of cyberwar
More than two-thirds (68%) have had more conversations with their board and senior management in response to the Russia – Ukraine conflict
63% doubt they would ever know if their organisation was hacked by a nation state.