Press release

Code42 Highlights Cybersecurity Research that Reveals Organizations Feel Most Ill-Equipped to Detect Insider Attacks as well as Develop and Test Applications

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Sponsored by Businesswire

Code42,
the leader in next-gen data loss protection, announced that it will
co-host a complimentary live
webinar entitled, “Insider Threat: Still an Unsolved Challenge.” The
webinar is co-presented by the CyberEdge Group, a leading research and
marketing firm serving the security industry and authors of the 2019
Cyberthreat Defense Report. The report surveyed 1,200 IT and security
decision-makers across 17 countries and 19 industries for their opinions
about cyberthreats and their plans to defend against them. The webinar
will be held on Thursday, May 9 from 1:00-1:45 p.m. CDT and is open for registration.

The webinar will highlight key findings from the report, including:

  • The percentage of mid-sized organizations (88 percent) affected by a
    successful cyberattack increased slightly from last year.
  • Nearly two-thirds (65 percent) of IT and security professionals
    believe a successful cyberattack is imminent in 2019.
  • More organizations fell victim to ransomware than last year and more
    paid the ransom (45 percent), but only 61 percent of those that paid
    recovered their data.
  • Organizations feel most ill-equipped to detect insider attacks as well
    as develop and test applications.
  • Security continues to consume a larger portion (13 percent) of overall
    IT budgets.

Following the webinar, attendees will receive a complimentary copy of
the 2019 Cyberthreat Defense Report as well as an infographic and
executive summary of key results. For more data security insights from
Code42, read the company’s blog
or watch on-demand
webinars on a range of cybersecurity topics,
including security best practices and insider threat detection
strategies.

About Code42
Code42 is the leader in next-gen data loss
protection. Native to the cloud, the Code42
Next-Gen Data Loss Protection solution rapidly detects insider
threats, helps satisfy regulatory compliance requirements and speeds
incident response — all without lengthy deployments, complex policy
management or blocking user productivity. Because the solution collects
and indexes every version of every file, it offers total visibility and
recovery of data — wherever it lives and moves. Security, IT and
compliance professionals can protect endpoint and cloud data from loss,
leak and theft while maintaining an open and collaborative culture for
employees. Backed by security best practices and control requirements,
Code42 Next-Gen Data Loss Protection preserves files for compliance and
can be configured for GDPR, HIPAA, PCI and other regulatory frameworks.

More than 50,000 organizations worldwide, including the most recognized
brands in business and education, rely on Code42 to safeguard their
ideas. Founded in 2001, the company is headquartered in Minneapolis,
Minnesota, and backed by Accel Partners, JMI Equity, NEA and Split Rock
Partners. For more information, visit code42.com,
read Code42’s
blog or follow the company on
Twitter.

© 2019 Code42 Software, Inc. All rights reserved. Code42 and the
Code42 logo are registered trademarks or trademarks of Code42 Software,
Inc. in the United States and/or other countries. All other marks are
properties of their respective owners.