How Will A Recession Change The Cybersecurity Landscape?
CXOtoday.com, April 17th, 2023
Two-thirds of the chief economists in a survey by the World Economic Forum anticipate that a global recession is inevitable in 2023. 18% of these economists predict that the possibility of a recession is extremely likely.
The experiences from the global recession of 2008 indicate that an economic downturn will affect cybersecurity significantly. As a result, we are seeing a lot more discussion surrounding recession and cybersecurity. After all, CISOs need to work with fewer resources and fewer team members to manage the security of the organization at a time when the cyber risks are high.