Intelligent CISO Issue 73 | Page 27

EDITOR ’ S question

WHAT INNOVATIVE APPROACHES OR TECHNOLOGIES SHOULD ORGANISATIONS IMPLEMENT

TO ENHANCE DETECTION AND MITIGATION CAPABILITIES IN THE FACE

OF EVOLVING ATTACK TECHNIQUES ?

Research shows IT leaders feel ill-equipped to handle emerging threats . As cyberthreats escalate and evolve , tactics and strategies must be refined , and a multi-layered security approach should be employed to maintain a competitive edge .
global survey of more than 800 IT and

A security executives conducted recently by Keeper Security , in partnership with TrendCandy Research , revealed cyberattacks are increasing in sophistication with novel Artificial Intelligence ( AI ) threats and advanced , emerging attack techniques .

While contending with these new threats , IT leaders are also managing an increased volume of attacks , as 92 % of survey respondents report cyberattacks are more frequent than one year ago .
In 2024 , security is proving to be increasingly complex with higher stakes than ever . Keeper Security – a leading provider of Zero Trust and zero-knowledge cybersecurity software protecting passwords , passkeys , privileged access , secrets and remote connections – wanted to map the cybersecurity landscape in 2024 . It commissioned an independent research agency to gain insights from security leaders around the globe about cybersecurity trends and the future of defence .
Cyberattacks are more frequent and increasingly sophisticated with rapidly evolving threats , new regulations , advancements such as passkeys and a proliferation of devices – from desktops to spatial computing headsets – cybersecurity is more critical than ever before .
An overwhelming 92 % of IT and security leaders said cybersecurity is their number one priority .
These leaders cannot afford to lose focus , as 92 % of respondents also reveal that they ’ ve seen an increase in cyberattacks year-over-year . Cybercriminals are creative and relentless in their mission to break historically secure solutions and inflict maximum damage on vulnerable organisations .
As the volume of cyberattacks increases , so too does the impact : in fact , 73 % of respondents have experienced a cyberattack that resulted in monetary loss . Direct financial impact is one of many consequences of a successful cyberattack , along with business disruption , enduring revenue loss , customer and partner attrition and tarnished reputation .
As cybersecurity incidents become more frequent and costly , 95 % of IT leaders disclosed that cyberattacks are also more sophisticated than ever – and they are unprepared for this new wave of threat vectors . AI-powered attacks are seen as the most serious emerging threat vector as well as the most challenging to handle . Malicious actors weaponise AI to speed up and scale common attack techniques such as phishing and password cracking . This spotlights the need for a proactive approach to cybersecurity – one that combines advanced defence mechanisms and basic best practices to mitigate and fight evolving threats .
We get insight from industry experts – Keith Fenner , SVP and GM EMEA , Diligent ; Paul Crighton , ANZ Managing Director , Barracuda Networks ; and Alex Woodward , Senior Vice President – Consulting Delivery , Cyber Security , CGI UK & Australia – who discuss how organisations can improve their cybersecurity postures and utilise the self-driven dichotomy of innovation and cybersecurity to their advantage .
WWW . INTELLIGENTCISO . COM 27