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All issuesVolume 312, Issue 3IT NewsSecurity

3 Ways Businesses Can Overcome The Cybersecurity Skills Shortage

DARKReading, Monday, March 18th, 2024

With budget constraints and a limited supply of skilled talent, businesses need to get creative to defend against rampant cybersecurity threats.

Globally, cybersecurity threats continue to accelerate in pace and scale with rising malware and deepfake attacks. Over a third of organizations worldwide suffered a material cyber incident from malicious actors in the past year, while 73% were affected by ransomware attacks in 2023. With these cyberattacks come serious financial costs - global damages total an astonishing $8 trillion each year. As attack surfaces continue to expand and cybercrime emerges as the world's third-largest economy, trailing only the US and China, the time to act is now.

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