1. Securing the cloud
While outsourcing critical workloads to the cloud is greatly advantageous, it also creates difficulties with maintaining visibility over security operations and procedures, increasing the chances of a security breach.
2. Personnel shortage
The growing need for qualified cybersecurity teams has created enormous demand for trained professionals that the labor market has been unable to meet.
3. Growing number of attacks
The rapid transition to hybrid and remote work created a number of new security vulnerabilities, resulting in a significant increase in cyberattacks and higher financial risk for businesses.
4. Increasing ransomware risk
Ransomware remains one of the top cybersecurity threats for many organizations, as bad actors are continuously evolving their capabilities and devising more sophisticated ways to penetrate host systems and networks.
5. Data privacy
Organizations that fail to live up to their customers’ data privacy expectations run the risk of financial loss, reputational damage, and, possibly, business closure.
6. Compliance
With the ever-evolving landscape of laws and standards, policy mapping is extremely difficult without additional staffing and the help of a compliance expert.