The 6 Risks You Need to be Aware of Today

October 24, 2022

The cyber security threat landscape has changed and become more sophisticated. According to IBM’s report on the Cost of a Data Breach,” the average total cost of a data breach was USD 4.35 million, which is a 2.6% increase to last year and an all-time high figure. On that note, cyber insurers have been struggling as they are taking more significant losses, seeing tighter margins, and hence providing less protection for more money as they are taking too many unknown risks.

As we approach the year’s end, we are now looking at some of the focus points organizations should look out for in 2023.

  • AI and Machine Learning
  • Cloud Security
  • Data Privacy
  • Supply Chain Risk
  • Remote Working
  • Lack of Adequate Cyber Security Professionals

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