The State of Information Security Report 2024

Our second annual State of Information Security Report looks at the challenges and opportunities information security professionals are dealing with and what has changed in the last 12 months.

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The State of Information Security Report 24
Level up your information security awareness

How smart businesses are unlocking the potential of strong information security

Independently researched, with data from over 1500 C-level information security professionals from the UK, USA and Australia, this comprehensive report highlights how effective information security and data privacy is fundamental for business longevity, financial success, and robustness.

The report breaks down everything you need to know about the current state of information security, including:

  • Attack types, frequency, and the rise of AI
  • Regulatory compliance challenges, fines, and approaches
  • People, budgets, and investment
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What does the data tell us?

Know what your business is up against

70%

of businesses have received fines for data breaches in excess of £100,000 in the last 12 months

79%

of businesses were impacted due to an information security incident caused by a third-party vendor or supply chain partner, an increase of over 20% from last year

30%

of businesses experienced a cyber security incident involving deepfakes. The second highest cause in the last 12 months

AI is dominating the information security and data privacy conversation

76%

76% of security professionals believing AI and ML technologies will enhance information security effectiveness

26%

Yet, only 26% of businesses have leveraged AI technologies in the last year

AI Adoption Graph
What does the data tell us?

Forward-thinking businesses are investing in establishing solid information security and data privacy baseline capabilities now.

The data highlights how organisations investing in the following areas are better able to mitigate risks, realise operational delivery improvements and realise the significant business benefits effective compliance and information security foundations offer.

Platform

Embedding technology which empowers effective information management and leverages AI securely

Processes

Implementing robust processes and controls to mitigate risk effectively

People

Investing training and awareness to ensure people are the first line of defence in keeping information and data secure

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Are you ready to level up your information security?

Download The State of Information Security Report and arm yourself with the insight you need to stay ahead of the cyber risk landscape and ensure your organisation is set up for success

Download the report