The Global Divide
Two core factors drive the divide: the increasing cost of accessing adequate cyber services, tools and talent, and the early adoption of cutting-edge technology by the largest organizations in the ecosystem. As a result, the least capable organizations are perpetually unable to keep up with the curve, falling further behind and threatening the integrity of the entire ecosystem. Disparity across geographies is further reflected in the analysis. This global resilience gap tends to mirror other global development indicators—Latin America and Africa report the lowest number of self-reported cyber-resilient organizations, while North America and Europe report the highest. Conversely, Latin America and Africa reported the highest number of insufficiently cyber- resilient organizations, while North America and Europe reported the lowest number.
In 2022, the cybersecurity economy grew twice as fast as the world economy. In 2023, it grew four times faster. Although organizational investment in cyber resilience is on the rise overall, rapid innovation and growth often lead to uneven development. Generally, the largest and most developed economies reap the rewards of new technologies, while less developed nations, sectors, and communities continue to fall behind. Rapid technological growth, while benefiting many in terms of access, innovation, and collaboration, also creates systemic inequity in the global cybersecurity economy. This highlights a pronounced disparity in capability among organizations within its markets. Projections show the gap between organizations resilient enough to thrive and those struggling to survive is widening at an alarming rate.
Source: Global Cybersecurity Outlook 2024
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