Seemingly overnight, the world has changed. The expanding, escalating and unpredictable cyber threat landscape has illustrated the urgent need to change our approach to cybersecurity.
While Russia’s invasion of Ukraine remains within its borders, cyberwarfare is borderless. As expected, we’ve seen an increase in cyber threat activity, chatter and misinformation.
Governments around the world have sounded the alarm and asked critical infrastructure providers to operate at a heightened state of readiness. But how long can that be sustained? The old rules no longer apply. Intelligence sharing early and often must remain a key strategy in this conflict, including in the development of government recommendations for critical infrastructure.
The cybersecurity dimension of the conflict compounds the changing risk landscape brought about by wider geopolitical change, rapid digital transformation brought on by the pandemic and innovations that were already on the horizon: the metaverse, cloud, edge devices, IoT and quantum. And it brings to light the fact that—against increasingly well-funded, sophisticated and coordinated cyber criminals—efforts around cybersecurity, so far, have fallen short.
But business leaders have the power to turn the tide.