In 2023, companies experienced growing cybersecurity threats, increasing regulations, and higher cyber insurance costs amidst constrained budgets and a stricter labor market. These conditions are expected to persist in the upcoming year.

DeepSeek iOS app sends data unencrypted to ByteDance-controlled servers
DeepSeek, an app by ByteDance, sends data, including encrypted information, to servers located in China, leading to concerns over privacy breaches. After security firm Wiz