Trending

Trending

The latest stories and news affecting the wider business environment as interpreted by our infographics team

Security decision-makers overconfident in cyber defences

Do you trust your organisation's cybersecurity defenses to successfully defend against most/all cyberattacks? (percentage of those that answered "we are protected")

• North America - 43%

• South America - 18%

• APAC - 30%

• EMEA - 36%

With most trust placed in humans over technology:

• Employees to avoid cyberattacks - 66%

• Security teams to identify security gaps - 63%

• Accuracy of cybersecurity alerts - 59%

• Effectiveness of cybersecurity tools - 56%

• Accuracy of threat intelligence data - 56%

Organisations that align business strategy with cyber resilience do best

Four metrics make most successful cyber resilient business stand out

Excel at integrating cybersecurity and risk management

• Cyber transformers - 65%

• The rest - 11%

Leverage cybersecurity-as-a-service to enhance cybersecurity operations

• Cyber transformers - 40%

• The rest - 24%

Are more committed to protecting their ecosystem

• Cyber transformers - 45%

• The rest - 37%

Rely heavily on automation

• Cyber transformers - 89%

• The rest - 57%

Confidence grows on regional economic performance

Most regions in the world now think their home economies will grow compared with last year

Current economic conditions in respondents' countries, compared with 6 months ago (% of respondents)

• Jun 2022 - Better 41% | Worse 47%

• Sep 2022 - Better 39% | Worse 44%

• Dec 2022 - Better 37% | Worse 46%

• Mar 2023 - Better 40% | Worse 40%

• Jun 2023 - Better 48% | Worse 28%

Source: 2023 State of Cyber Defense: The False-Positive of Trust, Kroll June 2023

CEOs optimistic about role of AI in business

TO WHAT EXTENT DO YOU AGREE OR DISAGREE:

The impact of Al replacing humans in the workforce will be counterbalanced by the new roles and career opportunities that the technology creates?

• Strongly agree - 27%

• Somewhat agree - 39%

• Neutral - 23%

• Somewhat disagree - 9%

• Strongly disagree - 2%

And most are investing heavily in AI:

• We have already fully integrated Al-driven product or service changes into our capital allocation process and are investing in Al-driven innovation - 43%

We have not made significant capital investments to date but plan to do this in the next 12 months - 45%

• We do not plan any significant capital investment into Al-driven product or service innovation - 12%

Source: CEO outlook pulse – July 2023, EY