Insights

The  cyber security skills gap has long plagued the industry, and new data from Hiscox shows it's only worsening. As cyber threats grow increasingly sophisticated, security teams face mounting pressures to keep up. In a report published in late October 2024, Hiscox revealed that over a third of UK businesses lack the expertise needed to manage evolving cyber risks. Shockingly, 34% of these businesses feel unprepared for cyber-attacks, while a significant 70% reported a surge in attacks this year alone.

In a recent incident that made the news headlines, an unnamed company fell victim to a cyber-attack after unknowingly hiring a North Korean cybercriminal disguised as a remote IT contractor. The individual managed to infiltrate the company’s systems, steal sensitive data, and issue a ransom demand. The case serves as a stark reminder of the increasing threat posed by threat actors masquerading as workers. 

There’s been a cyber security skills shortage for years. It’s an issue the industry continues to struggle with and it’s not going away any time soon. Fortunately, businesses can fill their skill gaps by outsourcing to Managed Security Service Providers (MSSPs) like Integrity360.

Enterprise leaders across the world can agree on one thing: 

It isn’t exactly a well-kept secret that cyber security has become a primary concern for an alarming number of businesses.