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Incentivizing a Cyber Duty of Care. Companies everywhere must develop a culture where cyberrisk receives treatment as an essential corporate duty – and further, organizations get rewarded for such behavior. By 2026, that number grows to near 3.5 Also Read: Top Enterprise NetworkSecurity Tools for 2021.
billion by 2026, driven not only by remote working and growing cyber threats but also by a massive cybersecurity skills shortage , the demands of government regulations , and the simple cost benefits of outsourcing. In response, the market is growing fast. billion in 2021 to $43.7
Kip Boyle, vCISO, CyberRisk Opportunities LLC: The Challenge of Cultivating Buy-in from Leadership and Employees "Cybersecurity professionals will continue to face a critical challenge: cultivating genuine buy-in from both senior leaders and employees.
By adopting CTEM, organisations can stay ahead of emerging threats, minimise vulnerabilities, and respond swiftly to security incidents, enhancing their overall cybersecurity posture. Organisations should stay informed, consult with insurance providers, and ensure they have adequate coverage in place to address evolving cyberrisks.
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