The report, titled “2024 State of the Security Team: Navigating Constant Change,” is based on a survey of 1,176 cybersecurity professionals and executives globally. This includes a sizable sample from the Asia-Pacific region, including responses from Australia and New Zealand. The findings show that over three-quarters of companies in Australia and New Zealand have had to adjust their cybersecurity strategies in response to issues of confidence in cybersecurity practices.
The survey highlights that in 2024, cybersecurity is marked by significant transformations. Businesses worldwide have faced an unprecedented rate of change in the threat environment evidenced by 95% of companies reporting security strategy adjustments within just the past year. This continual adjustment to strategies is primarily driven by the relentless pace of regulatory shifts, AI adoption and customer expectations regarding data protection and privacy.
The report identifies the 2024 cybersecurity environment as ‘dynamic’, with traditional defense mechanisms continuously being challenged by innovative threats, particularly those powered by advancements in artificial intelligence (AI). This environment demands a proactive and flexible strategy that can respond to current threats and anticipate future challenges. The findings show that over three-quarters of companies in Australia and New Zealand have had to adjust their cybersecurity strategies in response to these confidence issues and that around four in ten companies across Australasia have lost deals in the past 18 months due to customers’ lack of confidence in their cybersecurity measures.
Chapters in the main body of the report cover:
- The Evolving Cybersecurity Landscape
- Security Strategies in Transition
- Maintaining Compliance While Driving Business Value
- The Success Metrics of Modern Security Teams
- Bridging the Communication Gap in Cybersecurity
- Confronting Resource Constraints with Strategic Choices
- Toward a Unified Cybersecurity Strategy
The summary concludes: “As organizations progress through 2024 and beyond, the emphasis on executive leadership, alongside the development of adaptive and forward-thinking security strategies, will be paramount. This alignment is essential for fostering a secure and resilient digital environment that supports ongoing business success and protects against cyberthreats”.
The full Summary and Report can be found here:- https://logrhythm.com/2024-state-of-the-security-team-navigating-constant-change/
