Directors now recognise cybersecurity risk

Cybersecurity is now an important topic for executives. In fact, according to a new study by Rackspace Technology, cybersecurity is the biggest concern for corporate heads. The survey of business leaders showed a growing concern about cybersecurity – 59 per cent of respondents listed it as one of their three biggest business worries, ahead of IT talent shortages (49 per cent) and inflation (47 per cent). In the past, security teams and senior leadership were often at odds. Now, 75 per cent of those surveyed feel that cybersecurity teams are better positioned at the board level than they were five years ago. Just over half consider business leaders to be a supporter of cybersecurity teams. While it's good to know that leadership is serious about cyber security, many security challenges still lie ahead.