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BUSINESSES FACE CYBERSECURITY RISK AS NEW RESEARCH FROM NTT LTD. SHOWS SURGE IN REMOTE WORKING AND OBSOLETE DEVICES ON THE NETWORK

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NTT Ltd.’s ‘2020 Global Network Insights Report’ has found that as businesses move applications to multi-cloud environments, investment in the cloud is outpacing organizations’ on-premises infrastructure spend. This has caused refresh and upgrade patterns to slow down, with many businesses choosing to continue to sweat network assets and to slow investment in re-architecting their on-premises network and security infrastructure. As a result, there has been an increase in obsolete and unpatched network devices containing software vulnerabilities, introducing risk, and exposing the organization to information security threats.