Cyber inequity, AI key risks in 2024, says World Economic Forum study

Rise in cyber inequity and emerging technologies such as Artificial Intelligence (AI) pose major challenges to the global cybersecurity landscape this coming year, according to a study by the World Economic Forum (WEF).

The increasingly stark divide between cyber-resilient organisations and those that are struggling has emerged as a key risk for 2024. The number of organisations that maintain minimum viable cyber resilience is down 30 per cent compared to a year earlier. While large entities demonstrated notable gains in cyber resilience, small and medium-sized firms showed significant decline.