Global cyber security readiness report

Cyber security is one of the key elements of digital transformations. Yet only 40% embed this in the planning stage of their digital initiatives. As a result, projects get delayed, risks are higher, and companies lose market competitiveness as the worlds increasingly becomes digital.

A new survey supported by BDO reveals the challenges and weaknesses of missing out on cyber security execution during the initial phases of a digital transformation.  

The findings in the accompanying report are based on 411 qualified respondents from 7 different countries, all with a background or responsibilities in cyber security. 
 

Key takeaways 

• Operational efficiency, scaling and growth are the biggest motivators to start a digital transformation 
• Average response time to cyber incidents exceeds 4 days - recovery takes over 7 days 
• Generative AI introduces new types of cyber attacks like sophisticated phishing and data leakage 
• Third-party risk management and vulnerability patching remain persistent weaknesses 

In short, organisations must shift their cyber security from a reactive compliance function to a proactive strategic enabler. Security must move upstream, by embedding it early in digital transformation initiatives.