The Global Cybersecurity Outlook 2024 paints a grim picture: there is a growing inequity between organisations that are cyber-resilient and those that are not. Among 120 executives attending the World Economic Forum’s annual meeting on cybersecurity, fewer than one in 10 respondents believe that in the next two years, generative AI will give an advantage to defenders over attackers.
It doesn’t help that cyber-skills and talent shortages continue to widen, with 52% of public organisations citing this lack of talent and resources as the biggest challenge when designing for cyber resilience.
Asked what lies ahead for the security industry, Gil Shwed, founder of Check Point Software Technologies, sees more platforms rising because of market forces. He also believes that the security industry is consolidating.
“This is something we've predicting for quite some time. Not sure it will happen this year, but eventually it will happen. There's a lot of very cool and sophisticated technology in our marketplace, but there's too many of them. And the market can simply not absorb so many different products.”
Gil Shwed
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