Levels of cyber debt — where investment in digital and cloud initiatives outpaces cybersecurity investment — in organizations around the world are at risk of compounding, driven by an economic squeeze, elevated levels of staff turnover, a consumer spend downturn and an uncertain global environment.
With business leaders continuing to drive digital acceleration to unlock greater efficiencies, it is a precarious position to be in. Cybersecurity professionals must grapple with highly complex IT environments and exponential — but often insecure — identity growth.
Our new report examines how the interplay of all these factors will result in increased attacker opportunity. Indeed, as adversaries embrace artificial intelligence (AI) to enhance and scale their identitybased attacks, security teams are being asked to do more with less as budget cuts widen existing skills and resource gaps.
The results from our global survey of 2,300 security decision makers demonstrates the longtail effect of today’s cybersecurity decisions on future business outcomes, offering data-driven insights to help inform prioritization strategies and amplify security impact.
We believe that by placing identity at the heart of a Zero Trust cybersecurity approach, following a riskbased strategy to secure critical assets and leaning on the expertise of trusted partners, organizations will be best positioned to weather the current storm, minimize risks and face the future with confidence. The question of who and what to trust is now at the forefront of preventing cyber debt compounding. Stakes are high and because of this we see customer-driven initiatives to consolidate trust, where organizations aim to focus operations with a smaller set of partners to build long term resilience.