A far-reaching, catastrophic cyber incident is at least somewhat likely to occur in the next two years, according to the Global Cybersecurity Outlook 2023, which polled 86% of business leaders and 93% of cybersecurity leaders. Furthermore, according to 43% of organizational leaders, a cyberattack is likely to have a significant negative impact on their firm in the next two years.
Everyone is worried about cybersecurity, therefore it was given top priority at the most recent World Economic Forum Annual Meeting 2023 in Davos, Switzerland. The CEO of Cloudflare, Matthew Prince, stressed the seriousness of cyber insecurity at the gathering. Also, he stated that 2023 will be a busy year for cyberattacks. Throughout the conference, several executives reiterated his thoughts and worries.
Many business executives place a strong emphasis on security, which means preventing cyberattacks on their company. Along with minimizing vulnerabilities, businesses and governments must make sure they can swiftly recover from an assault so they can continue servicing their clients or constituents.