The majority of organizations (nearly 70 percent) do not prioritize the protection of the applications that their business depend on – such as ERP and CRM systems – any differently than how low-value data, applications or services are secured.
Even the slightest downtime affecting business-critical applications would be massively disruptive, with 61 percent agreeing that the impact would be severe, according to the CyberArk survey conducted among 1,450 business and IT decision makers, primarily from Western European economies.
Breaches affecting applications that are the lifeblood of business can result in punitive costs, with a 2018 report estimating the average cost of an attack on an ERP system at $5.5 million USD.
