Leadership

What Were The Biggest Cybersecurity Challenges In 2024?

Malware, phishing and web attacks combined accounted for 80% of all attacks throughout the year.

This report by Fortinet claims that 82% of education institutions experienced breaches in 2023. A high number of leaders (56%) attribute these breaches to a lack of organisational or employee security awareness – with a growing number of organisations expecting employees to fall victim to attacks fuelled by the malicious use of tools like AI.

Breaches continue to take a financial toll—and senior leaders are penalised when they happen. In response, organizations are focusing on a three-pronged approach to cybersecurity that combines training, awareness, and technology.

51% of respondents say that directors or executives have faced fines, jail time, loss of position, or loss of employment following a cyberattack.

87% of respondents report having experienced one or more security breaches in 2023.

63% of respondents say it took longer than a month to recover from a cyberattack.

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