For organizations across all industries, cybersecurity has become essential in today’s increasingly digitized world. The frequency and impact of cyber-attacks have grown significantly in recent years, and paired with the shift towards remote working, cyber resilience has become a social imperative as well as a business goal. Cybersecurity initiatives can help to build customer trust and increase profitability, but organizations often struggle to communicate the benefits to the board and showcase the value and affordability of their investment.
Many obstacles stand in the way of a cybersecure future. Modern digital channels and cloud adoption open new opportunities for growth, yet present greater risks as attack surfaces continue to expand. Businesses are now deploying new products and services much faster, and the increased pace of innovation has meant that systems quickly become outdated. In a constantly evolving cybersecurity landscape, organizations must do more to defend themselves against new threats. An adept security workforce is required, but a lack of skilled security expertise in the market makes it hard to attract and retain the top talent. Support is needed to develop the right cyber capabilities in a cost-effective way that enables sustained business value.