2023 Cyber Resilience Report

This is article 12 of 18 in this Report.

August 21, 2023 / 7 min Read

EMEA: Building Resilience to Navigate Rising Cyber Risk

EMEA: Building Resilience to Navigate Rising Cyber Risk

As cyber risk complexity continues, EMEA-based organizations should remain focused on resilience, emerging regulation and evolving risk profiles.

Key Takeaways

  1. In response to rising risk and regulation, client cyber maturity moved from “basic” to “managed,” but organizations still underperformed in business resilience.
  2. Clients reported a slight yet noticeable increase in maturity across key control groups, including endpoint security, access control and remote working.
  3. Mining, quarrying, oil and gas extraction moved from the lowest-performing industry in 2020, to one of the highest-performing industries in 2022.

2023 Cyber Resilience Report

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Cyber Maturity by Region

Companies’ overall cyber maturity can differ per region. Learn more about the gaps, challenges and opportunities, including suggested steps leaders can take to build cyber and business resilience.

Asia-Pacific: Shifting Threat Landscape

For the first time, cyber earns a place in Asia Pacific’s top five list of business risk rankings. Companies report improvement in cyber maturity levels with a focus on governance, data protection and supply chain controls

Learn more
Latin America: Three Crucial At-Risk Control Areas

Latin American companies' overall cyber maturity is close to those in EMEA and the UK, yet three significant gaps surfaced: third-party management, business resilience and application security.

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North America: Cyber Resiliency Improving — But with Room to Grow

Organizations across North America have recorded broad improvements in critical areas of cyber resiliency. However, there are opportunities for improvement in key areas such as backup strategy and MFA — particularly for small and medium-sized companies.

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UK: Shifting Threat Landscape

Being aware of a risk does not mean that you’re ready. Overall cyber risk maturity for UK organizations marginally declined between 2020 and 2022 with some security domains faring exceptionally well while others slipped back.

Learn more