The new Cybersecurity benchmarking survey co-sponsored by ServiceNow revealed eight mutually reinforcing mega trends making the cybersecurity landscape riskier, more complex, and expensive to manage.
The survey spans 1,200 organisations and 16 countries representing more than $125 billion in annual cybersecurity spending—roughly half of the total security spending worldwide.
The research has inputs from a range of C-Suite executives and some direct reports, all with some level of responsibility for cybersecurity. The executives hailed from 14 sectors, including the public sector, with the largest group from financial services firms.
Attacks and breaches multiply in today’s world of digital disruption
ServiceNow Survey
Here are the top trends and risks affecting the cybersecurity landscape in 2022
#1: Everything goes digital
The pandemic accelerated the digital transformation of business, government, and social interaction.
#2: Work becomes riskier
The rise of a remote or freelance workforce multiplies risks from the use of more devices outside corporate perimeters.
#3: Organizations morph into ecosystems
Businesses and cities become elaborate networks of partners and suppliers as the platform economy takes shape.
Cybersecurity is at a critical inflection point
#4: Physical and digital worlds collide
Digitally connected physical assets expose strategic infrastructure to greater attack.
#5: New Technologies emerge
AI, IoT, Multi-Cloud and 5G create cyber vulnerabilities for organisations providing more weapons for bad actors
#6: Cyber adversaries up their game
As bad actors become smarter, Cybersecurity becomes a big business through ransomware.
#7: Cyber Warfare ushers in a new risk era
Russia – Ukraine marks a new wave of geopolitical volatility, making cyberwarfare a greater threat in the free world.
#8: The increasing complexity of the regulatory environment impacts the cybersecurity landscape
Cybersecurity worries prompt a maze of new regulations around the world, from the US to the EU and Asia.
Also read: Gartner Predicts 40% of Boards Will Have a Dedicated Cybersecurity Committee by 2025
