The top cyber risks of 2023 range from growing geopolitical tensions to insufficient corporate leadership attention and the scarcity of cyber personnel, according to a new report from the Bipartisan Policy Center, a Washington think tank.
What are the top cyber risks for 2023?
The top cyber risks for 2023 include growing geopolitical tensions, insufficient corporate leadership attention, a shortage of cyber personnel, technological advancements fueling a cyber arms race, economic uncertainty, lack of preparation for cyberattacks, a patchwork of regulations, and vulnerable infrastructure.
How does economic uncertainty affect cybersecurity?
Economic uncertainty can lead organizations to deprioritize cybersecurity investments in favor of other financial priorities. Additionally, a recession may deter investors from funding cybersecurity startups, further exacerbating the challenges in the sector.
What is the state of cyber talent in organizations?
The report highlights a significant shortage of cyber talent, with only 1% of Fortune 100 companies reporting sufficient cyber expertise in 2022, a decrease from 10% in 2020. This shortage is partly attributed to educational gaps exacerbated by the COVID-19 pandemic.
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