Only 15% of organizations in Europe and North America expressed lack of confidence in their country's ability to withstand a major cyberattack, in stark contrast to 36% in Africa and 42% in Latin America, the WEF report said.
Tuesday, January 14, 2025
Washington (News International/ Sputnik - International Press Agency - January 14, 2025) The World Economic Forum (WEF) report says that global cybersecurity challenges have increased due to serious and complex changes in geopolitics. The World Economic Forum’s new report “Global Security Outlook 2025” says that cybersecurity is entering an unimaginably complex era due to changes in geopolitics, all this is happening at a time when new technologies are emerging rapidly and threats are continuously increasing.
According to the report, 60 percent of organizations say that the changing geopolitical situation has affected their cybersecurity planning. In addition, the report said that the deteriorating geopolitical situation has also changed the angle of people’s thinking regarding threats. Meanwhile, one in three CEOs cited cyber espionage and theft of sensitive information and IP as their biggest concerns. The report found that 45 percent of cyber leaders expressed deep concern about the impact on operations and business processes, including the emergence of new threats and issues due to the rapid adoption of new technologies.
The report also recommended adopting innovative cybersecurity practices to reduce the impact of cyber incidents on organizations’ goals and objectives. The World Economic Forum report also emphasized the need to assess cyber risks from a socio-economic perspective in order to effectively address risks and allocate resources to mitigate them. Meanwhile, the report said additional legal complexities, supply chain vulnerabilities and a growing gap in cyber skills have created further difficulties for organizations to stay safe.
The report said that 66 percent of organizations believe that artificial intelligence (AI) will have a significant impact on cybersecurity in the future, while 37 percent said it is important to establish a procedure to test the security of AI tools before implementing them. The report said that 35 percent of small organizations believe that their cyber resilience is insufficient. Similarly, this disparity in cyber resilience has also highlighted regional differences, according to the report, with only 15 percent of organizations in Europe and North America expressing distrust in their country's ability to withstand a major cyber attack, in stark contrast to 36 percent in Africa and 42 percent in Latin America.
The report said that the public sector is the most affected in this regard, with 38% of respondents reporting inadequate capacity to address cyber, compared to 10% of private institutions. This disparity is also present in cyber staff. The report also reported that 49% of private institutions reported a lack of necessary personnel to meet cybersecurity goals.
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