Global cyber inequity skyrockets

2024-01-22 04:30

There has been a sharp increase in cyber inequity globally, with 90% of executives warning that urgent action is needed to address it, according to the World Economic Forum.

While increased geopolitical tensions and economic instability continue to concern industry experts, the report spotlights widening cyber inequity and emerging technologies, such as artificial intelligence, as key rising risks for the year ahead in the fast-growing cybersecurity sector.

"As the cyber realm evolves in response to emerging technologies and shifting geopolitical and economic trends, so do the challenges that threaten our digital world," said Jeremy Jurgens, Managing Director, World Economic Forum, Switzerland.

The number of organizations that maintain minimum viable cyber resilience is down 30% compared to last year.

While large organizations have demonstrated notable gains in cyber resilience, small and medium-sized companies showed significant decline.

Only 15% of all organizations are optimistic about cyber skills and education significantly improving in the next two years.

News URL

https://www.helpnetsecurity.com/2024/01/22/cyber-inequity/