GlobalData’s surveying finds that fewer than half of respondents believe their organisations are taking the right steps to enhance cyber resilience. Meanwhile, the World Economic Forum (WEF) reports that two-thirds of organisations surveyed lack the necessary talent to address current cybersecurity challenges effectively. These findings underscore a critical gap in preparedness as the digital threat landscape evolves.
A recent GlobalData poll conducted on Verdict Media platforms, which has gathered 644 responses to date, indicates that only 48.6% of respondents feel their organisation is on the right track toward improving resilience against cyberattacks. Notably, 30.3% of respondents are unsure about their organisation’s efforts while 21.1% believe their organisation is failing in this regard. In another poll conducted on the same platforms, with 744 participants so far, 40.5% of respondents revealed that their organisations do not conduct any internal cybersecurity training workshops per quarter, signalling a lack of focus on building internal awareness and skills.
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The WEF’s Global Cybersecurity Outlook 2025 highlights the increasing complexities of the digital environment, which pose significant challenges for organisations and governments worldwide. The report attributes these difficulties to rapid technological advancement, geopolitical tensions, fragmented regulations, supply chain vulnerabilities, and a widening shortage of cybersecurity professionals. Alarmingly, the cybersecurity skills gap has grown by 8% since 2024, with two-thirds of surveyed organisations reporting a lack of sufficient talent and only 14% expressing confidence in their workforce’s ability to meet current demands.
In this challenging landscape, insurers can play a pivotal role in supporting organisations by not only offering tailored cyber insurance policies but also encouraging the adoption of strong cybersecurity practices. By providing risk assessments, incident response planning, and access to training resources, insurers can help businesses identify vulnerabilities and build resilience. Additionally, through partnerships with cybersecurity experts, insurers can offer proactive risk mitigation strategies, contributing to a safer digital ecosystem while ensuring that businesses are better prepared to face evolving threats.
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By GlobalData
