The unrelenting pace of cyberattacks shows no signs of abating. Google and Microsoft have pledged billions of dollars to mitigate cyberattacks. The Biden Administration has made cybersecurity a core strategic imperative for America’s national security. State actors continue to unleash debilitating cyberattacks against companies of all sizes. The risk is omnipresent and will continue to intensify.
The level of public-private sector cooperation is unprecedented – and that’s a good thing. But here’s the rub: the sophistication, evolution, and lethality of these attacks will progress. Cyberattacks are one of the most significant threats that can destroy a company’s reputation, undermine customer loyalty, threaten investor commitment, and plunge overall value.