Businesses unprepared for upcoming cyber risks need to gear up now

TLDR:

• Only 2% of UK organizations are ready for cyber threats
• Businesses need to prioritize investments in integrated platforms and AI

A recent Cisco study revealed that only 2% of organizations in the UK are adequately prepared to defend against evolving cyber threats. The study highlighted a lack of readiness and the need for organizations to invest in integrated platforms and AI to operate at machine scale. With the growing complexity of the security landscape and challenges introduced by hybrid working setups, businesses face a critical need for change to address cybersecurity concerns.

Efforts to strengthen network security, establish more robust protocols, and address the cybersecurity skills gap are essential for organizations to better prepare for the next generation of cyber threats.

Key points from the article:

• Only 2% of organizations in the UK have the ‘mature’ level of readiness to defend against today’s cybersecurity risks.
• An overly complex security landscape has slowed down organizations’ abilities to detect, respond to, and recover from cyber threats.
• Businesses need to prioritize investments in integrated platforms and lean into AI to operate at machine scale and address cybersecurity concerns.

A recent study by Cisco highlighted the lack of readiness among businesses globally, particularly in the UK, to defend against rapidly evolving cyber threats. With the majority of organizations estimating that a cybersecurity incident is likely to disrupt their business in the next 12 to 24 months, addressing these concerns has become a critical priority for organizations.