The far-reaching cybersecurity breaches of 2020, culminating in the widespread Solarwinds supply chain attack, were a reminder to decision-makers around the world of the heightened importance of cybersecurity. Cybersecurity is a board-level issue now for many firms.
As per the World Economic Forum’s Global Risks Report 2021, cyber risks continue ranking among global risks. The COVID-19 pandemic has accelerated technological adoption, yet exposed cyber vulnerabilities and unpreparedness, while at the same time exacerbated the tech inequalities within and between societies.
Looking at the year ahead, it is critical to continue elevating cybersecurity as a strategic business issue and develop more partnerships between industries, business leaders, regulators and policymakers. Just like any other strategic societal challenge, cybersecurity cannot be addressed in silos.
Here is a list of five main cybersecurity challenges that global leaders should consider and tackle in 2021.