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SPECIAL REPORT: CYBER LEADERS ON 2023 TRENDS AND 2024 OUTLOOK

The NightDragon Advisor Council, comprised of global cybersecurity leaders, has highlighted a rise in cyberattacks globally. However, almost 80% of Chief Information Security Officers (CISOs) reported an increase in their budgets from 2022 to 2023. Their budgets were allocated to areas such as ransomware resilience, cloud security, and artificial intelligence. Also, 80% of CISOs anticipate their budgets increasing in 2024. Damages from cyberattacks are expected to reach $10.5 trillion by 2025, putting increasing importance on cybersecurity in business budgets.

Source: www.cyberdefensemagazine.com –

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