Tuesday, November 5, 2024

What is the current state of Security Culture in Europe?

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For many years, “people” have often been labelled as the barrier to cybersecurity. However, this generalization is an unfair statement to make. Whenever the concept of cybersecurity comes up in the workplace, many employees will believe cybersecurity is a technology issue and not something they should care about. Another assumption is that the IT team will handle the problem. This assumption leads to potentially insecure behaviors and this needs addressing to keep the entire organization safe, reduce the risk footprint and protect sensitive data. It’s well documented that data is regarded as the lifeblood of a company. However, because the consumption of sensitive data is on the rise, this increase is in tandem with the number of cyberattacks and breaches we are seeing.

Javvad Malik

Lead security awareness advocate at KnowBe4.

The current state of cybersecurity

Statistics show that the number of data breaches came to almost 3000, with over 8 billion records breached in 2023. This resulted in the global average cost of a data breach reaching a record high of $4.45 million. However, worldwide end-user spending on security and risk management is projected to total $215 billion in 2024, an increase of 14.3% from last year.

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