Report by Grant Thornton
Cyber & Risk Survey Report
Key Findings
25% of business leaders say external cybersecurity providers are fully integrated with internal processes through shared tools, automation and coordinated workflows.
58% of business leaders cite cyber-enabled fraud such as phishing as a top fraud concern.
55% of business leaders cite deepfake or AI-enabled fraud as a top fraud concern.
57% of business leaders identify AI governance and AI use as a top source of future risk or regulatory scrutiny.
65% of IT function respondents cite data quality, availability and visibility as a top cyber resilience challenge.
62% of IT function respondents cite technology limitations as a top cyber resilience challenge.
58% of IT function respondents say third-party and supply chain dependencies limit their organization's ability to manage cyber risk effectively.
52% of business leaders identify cybersecurity talent and skills shortages as a key cybersecurity challenge.
96% of business leaders report using outsourced capabilities for cybersecurity threat detection and response.
35% of leaders completed a full cyber breach simulation within the past six months.
13% of leaders last conducted a full cyber breach simulation more than a year ago.
4% of leaders have never conducted a full cyber breach simulation.
62% of IT function respondents cite IT architecture complexity as a top cyber resilience challenge.