This report looks in-depth at several key topics and trends relevant to cyber security professionals in Texas in the run up to Lone Star Cyber Summit, including exclusive interviews from some of the state’s leading CISOs, part of this year’s steering committee.
As part of the Lone Star Cyber Summit Annual Report, we look at the evolution of the cyber threat landscape, including notable changes such as:
By the end of 2024, global losses due to cybercrime were expected to have reached a staggering $9.5 trillion, a sharp rise from $3 trillion in 2015.
89% of the C-suite professionals are very concerned about the potential security risks associated with GenAI.
Only 49% of small and medium businesses are prioritizing cybersecurity in new technology spending.
The market for enterprise AI is expected to grow from $8.3 billion in 2022 to $68.9 billion in 2028 at a compound annual growth rate of 43.9%
In ransomware, the average ransom was $2.73 million in 2024, almost an increase of $1 million from 2023
Only 4% of businesses have reached a ‘mature’ stage of cyber readiness, meaning they can withstand a cyber attack
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