What is the impact of cybersecurity on companies in the Belux?

Published on 29/05/2024 in News

Proximus NXT, together with its IT partners, polled the findings, approach and intentions of our companies in the field of cybersecurity. Wouter Vandenbussche, Product Owner Cybersecurity at Proximus NXT shares three striking observations.

What is the impact of cybersecurity on companies in the Belux?

1. In 2023, one in three companies dealt with at least one cybersecurity incident.

30% of respondents experienced a cybersecurity incident in 2023. It’s obviously good news that the number of malicious attacks was not greater than the previous year. At the same time, the amount of about one in three still remains high. Furthermore, there’s nothing to suggest that 2024 will see a decline in incidents.

Large organizations most often fall prey to hackers, but the incidence is also high in smaller companies. Thus, this research confirms that cybercriminals spare no organization and compel every company to be vigilant and take the necessary proactive and reactive measures.

Research Report 2024

Curious about how the cybersecurity budgets of Belux organizations are evolving and how cyber incidents affect our companies?

Read the cybersecurity report Opens a new window

2. More than half of organizations experience a skill and knowledge gap…

Experts in cybersecurity are in high demand. The ‘talent war’ still rages fiercely, often making the necessary competencies unattainable. Moreover, the rise of artificial intelligence (AI) requires additional specialties in the field of cybersecurity. How to attract and retain such multi-skilled individuals is far from obvious. More than half of the respondents experience a shortage of specialized cybersecurity experts. That number rose significantly from the previous year.

More than half of respondents experience a shortage of specialized cybersecurity experts. That number increased significantly from the previous year.

Wouter Vandenbussche, Product Owner Cybersecurity Proximus NXT

author

3. ... but our companies express their intention to address the problem.

More and more companies rely on awareness campaigns, but it doesn’t stop there. 42% of the decision-makers express the intention to close the skill gap through outsourcing. Belgian companies are thus expressly opting for external know-how to tighten their security mechanisms. Proximus NXT fulfils these needs seamlessly. We provide highly-trained and experienced experts for this purpose. They provide support by analyzing your current security, but also by implementing the necessary processes, soft- and hardware, thru’ to monitoring and combating cyberattacks.

Proximus NXT organized the fifth cybersecurity survey together with Proximus NXT SpearIT, Davinsi Labs and Telindus Luxembourg. 150 CEOs, CIOs and other decision-makers answered our questions.

Experts

Our experts keep you informed on the latest news and trends for ICT professionals.

Other articles of Experts