Since the pandemic the cyber world has become a far riskier place. According to the Hiscox Cyber Readiness Report 2022, almost half (48%) of organizations across the U.S. and Europe experienced a cyberattack in the past 12 months. Even more alarming is that these attacks are happening despite businesses doubling down on their cybersecurity spend.
Cybersecurity is at a critical inflection point where five megatrends are making the threat landscape riskier, more complicated, and costlier to manage than previously reported. To better understand the evolution of this threat landscape, let’s examine these trends in more detail.