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The Top 7 Cyber Risk Management Trends for 2024 | Kovrr blog

The cyber risk landscape is expected to become more destructive in 2024, with data breaches potentially costing $5 trillion. Predictive projections, industry patterns, and global threat insights are vital for developing risk mitigation measures. Notable trends include increased board accountability in cyber departments, prioritization of cyber initiatives based on risk, tool consolidation into all-in-one platforms, use of AI for defense against cyberattacks, continuous threat exposure management, and exploration of self-insurance options. Cyber professionals must focus on proactive measures, internal and external threat data, and detailed risk assessments to effectively mitigate cyber risks.

Source: securityboulevard.com –

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