Originally published by HLB Ireland.

Fundamentals of the Future

HLB Cybersecurity Report 2024

Emerging cyber threats call for more proactive measures within organisations to combat risks before incident. In the wake of a series of major outages throughout 2024, bolstering cybersecurity defences remains a strategic imperative for business as professionals face an increasing number of sophisticated attacks.

Focusing on the fundamentals

Since 2020, HLB International has been measuring global businesses’ cyber readiness. Our latest insights reveal that many organisations face mounting pressures from cyber-attacks, with 39% reporting an increase over the past year. Yet, despite these threats, some organisations still overlook basic security measures, leaving themselves vulnerable to breaches.

Investment in continuous employee awareness and training programmes is crucial. Organisations can significantly reduce their vulnerability by equipping staff with the knowledge to recognise and respond to potential threats.

Organisations running ongoing awareness programmes increased four percentage points from last year’s HLB Cybersecurity Report to 24%, indicating that the message for firms to adopt a more rigorous approach to cyber training is having an impact.

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