Intelligent CXO Issue 7 | Page 12




Businesses are finding themselves in the unviable position of having to deal with rampant cyberthreats while they push their Digital transformation strategies forward and continue to navigate the remote workforce environment . Improving cyberresilience can be a daunting task especially for organizations that have resource constraints due to the pandemic . are significantly more entry points and vulnerabilities for cybercriminals to exploit . It is no surprise then that we hear of new breaches with every news cycle .

In fact , we ’ ve seen a fivefold rise in the number of security incidents and breaches in 2020 , and $ 1 trillion was lost to cybercrime during that same year .
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And so having visibility of technology ecosystems , from the perspective of attackers , is essential and organizations of all sizes and cybersecurity maturity need to address this .
More businesses are digital today than ever before . As a result of that , digital footprints keep increasing , which means that there
There are other trends that have exacerbated this issue . Cyber-attacks used to be sophisticated and in the realm of nation states and cybercrime syndicates . But not anymore .
They ’ ve been democratized so pretty much anyone with a couple of hundred dollars ’ worth of tools can cause damage . x
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