PwC Digital Trust Insights: SA’s Cybersecurity Imperative
South African businesses are increasingly recognizing cybersecurity as a crucial component of their overall strategy amid growing global uncertainty and increasingly complex cyber threats. A recent PwC Digital Trust Insights Survey highlights this prioritization, while also exposing critical gaps in current cybersecurity capabilities that demand immediate attention and smarter, future-proof strategies. The survey, which included responses from 71 South African executives, provides a localized perspective on the challenges and priorities shaping the cybersecurity landscape in the country.
Investment vs. Resilience: The South African Disconnect
The survey reveals that South African organizations are ramping up their cybersecurity investments, driven by geopolitical instability and the escalating threat landscape. A significant 63% of local leaders now rank cyber risk investment among their top three strategic priorities. Despite this increased focus and maturing core security controls, significant vulnerabilities remain, particularly concerning supply chain security. Alarmingly, only 6% of South African executives expressed high confidence in their organization’s supply chain cyber resilience – a figure considerably lower than global benchmarks.
South Africa must adopt more integrated and forward-thinking cybersecurity strategies to address these critical capability gaps. While investment is increasing, focusing on areas such as supply chain vulnerabilities and building robust, adaptive systems is crucial for achieving true cyber resilience in the face of evolving threats.
Keywords
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