Tech leaders treat cyber risk as their greatest threat for the next 3 years

Several tech leaders ranked cyber risk as the greatest threat to their organization’s growth over the next three years, according to a survey by professional services network KPMG
In the report, several Chief Executive Officers (CEOs) from tech firms said that cyber resiliency is the most operational priority in their company over the next few years.
They also recognize that a strong cyber strategy enables a company to maximize the fullest benefits of digital transformation to quickly grow the business while knowing risks are managed.
About 57% of respondents stated that their cyber security strategy is integrated with their growth strategy, while 61% viewed their information security as a competitive advantage and looking to invest more in various tech solutions going forward.
Meanwhile, 87% of tech CEOs believe a strong cyber security culture is just as important as technological controls.
However, KPMG stated that the ongoing shortage of tech professionals signifies that employees must upskill and learn more about the tech industry.