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Network hacked.

More than half of surveyed companies – many with underbudgeted, overwhelmed cybersecurity initiatives –  suffered a breach one or more times in 2017, according to new research from Boston-based Cygilant.

The hybrid security-as-a-service firm gathered its findings from a study conducted in late 2017 and early 2018. The survey reached more than 165 IT and security professionals at medium-sized companies, including more than 20% from the finance sector (more than any other industry) across the country for Cygilant’s Q1, 2018 Cybersecurity Survey. They answered questions about cybersecurity budgets, infrastructure, employee training, and general readiness and ability to thwart breaches and cyberattacks.

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