GBM ANNUAL SECURITY REPORT 2022
The pandemic has accelerated the shift to a “digital-first” world with the disruption over the past year, adding new consumer habits and creating new segments of “digital-first” consumers. However, the increased use of technology has created a rich playground for cybercrimes. Today, with sophisticated and powerful cyberattacks compromising businesses at an unprecedented rate, there is a growing urgency for trust to take centre stage in the digital architecture of the future economy. As a result, redesigning security for the digital-first world and protecting it from external and internal threats has become a key priority for organizations.
GBM Annual Security Report 2022 reveals that ‘digital trust’ has become a necessity in today’s hyper-connected era, and a transparent and open communication across all levels of society and businesses is a must to combat malicious attacks. This involves a “partnership” between individuals, businesses, and governments where all parties are engaged and instrumental in safeguarding cyber security.
The report also draws attention to organizations’ need to better understand the motives and tactics of hackers and suggests reprioritization of risks to thrive in a digital-first world.