Tag: global cybersecurity outlook
WEF predicts perfect storm for cybercrime
The World Economic Forum (WEF) Global Cybersecurity Outlook 2025 reports that several compounding factors are creating an increasingly complex and risky business environment. These include the growing complexity of supply chains, rising geopolitical tensions, cybercriminal's increasing use of artificial intelligence (AI), and the entry of traditional organized crime groups into cybercrime. Ransomware remains the top organizational cyber risk year on year, with 45 percent of respondents ranking it as a top concern in this year’s survey. Over half of the large organizations surveyed worldwide, 54 percent, identified supply chain challenges as the most challenging barrier to achieving cyber resilience, citing the increasing complexity of supply chains, coupled with a lack of visibility and oversight into the security levels of suppliers.