Human Risk & AI

The world was a fraught, risk-filled place in 2023, and cybersecurity threats continued to intensify. How could they not? With state actors menacing any number of countries and widespread economic and political dislocations unleashing torrents of criminal activity, it was inevitable that cybercrime would rise as well.

Most notably, per the Mimecast’s State of Email & Collaboration Security (SOECS) 2024 Report findings, 9 out of 10 companies now have a formal cybersecurity strategy in place. This includes the 48% of respondents who have a formal cybersecurity strategy that spans all key business functions, as well as 43% who have a formal strategy but make it the sole responsibility of their IT department. are now strongly engaged in cyber preparedness.

Yet another 3% are currently implementing a formal strategy and 6% have adopted cybersecurity guidelines and best practices, although no formal srategy.