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Executive Summary

Today ’ s threat landscape is more complicated than ever , and organizations are struggling to maintain a foothold . Billions of users , devices , and IoT devices are connecting to enterprise networks , cloud applications , and data at a scale unlike anything we have seen in the past .

At the same time , companies are facing a complicated and diverse threat landscape that goes beyond ransomware and phishing . In the past year alone , many also encountered credential stuffing , supply chain attacks , social engineering , and cryptojacking . Separately , according to the latest Cisco Talos Year in Review , in 2023 , cyber threat actors frequently exploited older software vulnerabilities in common applications .

Advancements in artificial intelligence ( AI ) and the mainstream availability of capabilities like Generative AI are empowering malicious actors to deploy more sophisticated , targeted attacks . Companies are struggling to respond , often slowed down by their own overly complex security stacks that have multiple point solutions . The lack of skilled professionals remains an issue . Compounding the problem , many of these positions remain unfilled .

To successfully face this high-stakes , complex environment , organizations must always stay ahead to adequately ensure cybersecurity resilience .

Cisco ’ s second annual Cybersecurity Readiness Index is our updated guide that addresses the current cybersecurity landscape and assesses how ready organizations are globally to face today ’ s cybersecurity risks . It is based on a survey of over 8,000 business and cybersecurity leaders across 30 global markets . Respondents represent a broad range of private sector industries , including financial services , retail , technology services , and manufacturing .

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