Cyber trust issues: How vulnerability creates cyber resilience | World Economic Forum

How would your business cope if one or many of your suppliers suffered a cyber incident?…:

[…] The World Economic Forum’s Global Cybersecurity Outlook 2022 report, developed in collaboration with Accenture, found that:

  • Only 19% of cyber leaders feel confident that their organization is cyber resilient
  • 58% of respondents feel their partners and suppliers are less resilient than their own organization
  • 88% of respondents are concerned about the cyber resilience of Small and Medium-Sized Enterprises (SMEs) in their ecosystem.

It doesn’t have to be this way. If organizations can overcome such self-limiting stigma, each will gain from the collective wisdom and combined capability of its partners. Doing so is a necessary foil for the cascading consequences that occur when fragile, interconnected ecosystems break down, as so many recent events have demonstrated.

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