2023 Cyber Resilience Report

This is article 10 of 18 in this Report.

August 16, 2023

UK Companies Chase Cyber Resilience

UK Companies Chase Cyber Resilience

Overall cyber risk maturity for UK organizations marginally declined between 2020 and 2022 with some security domains faring exceptionally well while others slipped back.

Key Takeaways

  1. In the face of rising risk, overall client cyber maturity declined.
  2. While overall maturity declined, scores in some security domains increased — suggesting an increase in investment in some areas at the expense of others.
  3. Global trends indicate that ransomware attacks are on the rise* and insurers are responding, demanding a focus on controls that are a critical part of the underwriting process.

* “Buyer-Friendly Cyber and E&O Market: How to Take Advantage | Aon.” Report. Aon. May 2023.

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
Europe, the Middle East and Africa: Forward Movement Demonstrates Shifting Mindset

EMEA companies focused on improving data security and safeguarding organizational data in 2022, partly driven by the Ukraine-Russia conflict.

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.

Learn more
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.

Learn more