Wipro, a leading technology services and consulting company, has published its State of Cybersecurity Report 2023, which provides an in-depth analysis of the current and emerging trends and challenges in cybersecurity across different regions and sectors. The report is based on the responses of 345 security leaders from various organizations and data from multiple sources, such as the Council on Foreign Relations, government websites, and patent filings.
The report covers four pillars of cybersecurity resilience: cyber-attacks, breaches, and law; enterprise cyber capabilities; collaboration; and the future of cybersecurity. It also provides recommendations for Chief Information Security Officers (CISOs) to address the cybersecurity gaps and achieve cyber resilience in the face of disruptive changes.
The report reveals that cyber-attacks have increased in frequency, sophistication, and impact amid geopolitical tensions and economic slowdowns worldwide. The report identifies four types of cyber-attacks: nation-state attacks, ransomware attacks, supply chain attacks, and insider threats. The report also discusses the legal aspects of cybersecurity, such as breach notification and data-transfer laws.
The report reveals that enterprise cyber capabilities have improved governance, strategy, budget, and talent. The report also reveals that enterprise cyber capabilities have evolved regarding technology, processes, and culture. The report also reveals that enterprise cyber capabilities have matured in terms of metrics, standards, and frameworks.
The report reveals that collaboration is essential for enhancing cybersecurity resilience across the ecosystem. The report finds that 78% of the respondents have collaborated with external stakeholders, such as regulators, industry peers, academia, and vendors, to share information and best practices on cybersecurity. The report also finds that 76% of the respondents have collaborated with internal stakeholders, such as business units, functions, and employees, to raise awareness and alignment on cybersecurity.
The report reveals that disruptive changes in the technology landscape will drive the future of cybersecurity. The report identifies four emerging technologies that will create new opportunities and challenges for cybersecurity: generative AI, quantum computing, biometrics, and blockchain.
The report concludes that CISOs must embrace the disruptive changes in the cybersecurity landscape and adopt a holistic and strategic approach to cybersecurity that can support their business objectives and enable digital transformation. The report provides several recommendations for CISOs to address the cybersecurity gaps and achieve cyber resilience in the face of disruptive changes.
The report also provides insights on cybersecurity trends across three geographies (US, Europe, Asia Pacific Middle East, and Africa) and seven industry sectors (banking financial services & insurance; communications; consumer business; energy natural resources & utilities; healthcare life sciences & services; manufacturing; technology). The report also features interviews with leading cybersecurity experts from various domains.
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