Adriana Villasenor, senior director at FTI Consulting: “Two major trends led to the exponential increase in cyberattacks. First, with the pandemic-induced acceleration of business digitization, coupled with the adoption of remote work, security professionals found themselves having to protect not just their firm’s systems but also an exponentially larger digital supply chain fraught with cyber risks. Second, cybercriminals also grew in sophistication and business prowess. Ransomware-as-a-service kits and call centers for victims, are just an example of how much cyber criminals have professionalized their craft. No organization anywhere in the world is free of cyber risk. Whether it is by hitting company-owned systems or those of their third parties, criminals can easily find the weak link and make a good profit. Within an industry and country, you will find the full gamut of cybersecurity maturity, from firms with sophisticated cybersecurity programs and cultures, to those who do not even have a dedicated team responsible for mapping and managing cyber risks, nor have they…”