In this episode, Michael and Matthew discuss the evolving cybersecurity landscape and the growing challenges organizations face as threats continue to increase. They highlight how many businesses remain unprepared for modern cyber risks, despite the rising frequency and impact of attacks.
The conversation focuses on how security frameworks and compliance requirements are becoming more standardized, but compliance is still quite complex. Regulatory and contractual pressures are influencing business decisions, sometimes forcing organizations to reconsider which markets they operate in. The financial impact of cyber incidents is also emphasized, with breach costs continuing to rise. Cyber insurance is becoming more common and more expensive, with insurers placing greater emphasis on security maturity.
