Uncertainties in the broader economy can significantly elevate exposure to both internal and external threats — and this is true for companies of all sizes and across virtually all sectors. With talk of a possible global recession this year, security professionals need to start anticipating the potential impacts to securing their organizations.

Many companies are already dealing with some combination of rising inflation, supply chain issues and/or murky revenue projections. While tightening annual budgets, some organizations might be tempted to skip necessary investments to keep the business safe from outside attacks. Security often becomes a target for operational spending cuts because it happens behind the scenes. We're seeing early signs of this already with some companies freezing their new technology budgets for the first part of 2023. And cybercriminals are well-aware of the rich opportunities this may present.