Business Resilience Becomes Primary Force Behind Cybersecurity Investments

According to a report by cybersecurity company Nixu, over 80% of organizations in northern Europe prioritize business resilience as the main driver for their cybersecurity investments. However, the report also highlights concerns, as 50% of organizations have a poor or deficient level of cybersecurity. The report, based on self-assessments by cybersecurity and business leaders, measures cybersecurity maturity and found that the average score is deficient. Denmark and Norway were the best-performing countries, while Sweden and Finland dropped in scores. The report emphasizes the importance of risk management and cybersecurity in executive discussions for top-performing organizations. Security monitoring and incident response are seen as the top cybersecurity capabilities, with increasing importance placed on AI in cybersecurity. The report also highlights the challenge of hiring cybersecurity experts and recommends outsourcing to meet the high demand. Overall, the report provides recommendations for enhancing cybersecurity maturity and business resilience.