Cybersecurity threats are always evolving, and today we’re seeing a new wave of advanced attacks targeting areas of computing that don’t have the protection of the cloud. New data shows that firmware attacks are on the rise, and businesses aren’t paying close enough attention to securing this critical layer. Recently, Microsoft commissioned a study that showed how attacks against firmware are outpacing investments targeted at stopping them. The March 2021 Security Signals report showed that more than 80% of enterprises have experienced at least one firmware attack in the past two years, but only 29% of security budgets are allocated to protect firmware. Security Signals is a comprehensive research report assembled from interviews with 1,000 enterprise security decision makers (SDMs) from various industries across the U.S., UK, Germany, China, and Japan. Microsoft commissioned Hypothesis Group, an insights, design, and strategy agency, to execute the research.