Having covered the evolution of cybersecurity in recent years we still remain confused. The pandemic resulted in a widening of threat vectors that many businesses were not fully prepared for, but given the frequency and potentially devastating effect of a cyber attack, one would think that businesses are taking security more seriously.
This as a new report conducted by insurance company Marsh and Microsoft paints a rather bleak and puzzling picture. The Middle East and Africa Insights – The State of Cyber Resilience report, as it is titled, identified six key trends for the MEA region.
Leveraging the insights from 660 business leaders across MEA, a highly concerning statistic was revealed – that only 4 percent of business leaders believe their company can successfully deal with a cyber attack.
“The toll of almost three years of unrelenting workplace disruption, digital transformation and ransomware attacks means just 4% of regional business leaders are confident in their organization’s ability to manage cyber risks,” Marsh explains in a press release sent to Hypertext.
While we appreciate the disruption that past few years has caused, this figure seems at odds with…
