Technology Report: US companies experience 42 cyber attacks per year

Report: US companies experience 42 cyber attacks per year


- Advertisment -

Couldn’t attend Transform 2022? Check out all the top sessions in our on-demand library now! Look here.

Keeper Security released its second annual 2022 US Cybersecurity Census Report, mapping the evolving cybersecurity landscape based on expert insights from more than 500 IT decision makers in US companies. This year’s findings clearly show that while cybersecurity is a top priority, staying one step ahead of attackers is an ongoing challenge – and many companies aren’t keeping up.

According to survey respondents, US companies face 42 cyberattacks each year. Of these, about three cyber attacks are successful. The vast majority of respondents expect the total number of attacks to increase in the coming year, and 39% predict that the number of successful cyber attacks will also increase.

Meanwhile, the financial, reputational and organizational consequences of these attacks are also increasing, with companies unable to perform critical operations and losing contracts, among other harmful consequences. For organizations where money was stolen as a result of a cyber attack, the average amount was more than $75,000, and 37% of organizations lost $100,000 or more.

Image source: Keeper Security.

Investments in cybersecurity fall short

Despite these alarming statistics, a third (32%) of US IT leaders still lack a management platform for IT secrets, such as API keys, database passwords and privileged credentials.


MetaBeat 2022

MetaBeat will bring together thought leaders to offer advice on how metaverse technology will change the way all industries communicate and do business October 4 in San Francisco, CA.

Register here

One stolen password can lead to a devastating cyber attack. Still, less than half (48%) of respondents say they plan to invest in password management, network-based threat visibility tools, or infrastructure secret management.

A majority (71%) of respondents report hiring new cybersecurity employees in the past year, and 58% are increasing their cybersecurity training.

But as cybersecurity investments grow, cybersecurity is not yet a high enough priority for the organization. IT leaders admit that their organizations lack transparency in reporting cyber incidents. Nearly half (48%) of respondents from IT leaders said they were aware of a cyber attack in their organization, but kept it to themselves.

This lack of transparency will allow cybercriminals to thrive. Companies need to invest in cybersecurity, education and cultural shift tools to protect their organizations in the changing threat landscape.


To develop its second annual US Cybersecurity Census Report, Keeper Security, in collaboration with Sapio Research, surveyed 516 IT decision makers in the US.

Read the full report from Keeper Security.

The mission of VentureBeat is a digital city square for tech decision makers to learn about transformative business technology and transactions. Discover our briefings.

Shreya Christina
Shreya has been with for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider team, Shreya seeks to understand an audience before creating memorable, persuasive copy.


Please enter your comment!
Please enter your name here

Latest news

The Untold Truth of Tig Notaro’s Wife – Stephanie Allynne

Who is Stephanie Allynne? Born on September 19, 1986 in Claremont, California, USA, Stephanie Allynne is an actress, but possibly...

Are people throwing away your company swag? Five tips for better end-of-year gifts

Lou Elliott-Cysewski, co-founder and CEO of Coolperxthe world's first climate-neutral branded goods company. It's the dirty little secret of corporate...

How companies can accelerate transformation

Couldn't attend Transform 2022? Check out all the top sessions in our on-demand library now! Look here....

3 No-Brainer Stocks to Buy During the Bear Market

The stock market is definitely in bear market territory and is now flirting with new 2022 lows. Clearly significant...
- Advertisement -

NASA’s Artemis I Launch Has Been Officially Delayed Until November

Hurricane Ian arrived in Florida as a Category 4 hurricane, but weakened to a tropical storm by the time...

Meta plans workforce freeze, NASA shoots down an asteroid, and Elon’s tweets are made public •

Hello all! Welcome back to Week in Review, the newsletter where we quickly list some of the most-read...

Must read

- Advertisement -

You might also likeRELATED
Recommended to you