DigitalCIO
No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
Digitalcio
No Result
View All Result
Home Tech News

Digital Fraud Overtakes Ransomware as CEOs’ Biggest Concern

DigitalCIO Bureau by DigitalCIO Bureau
January 19, 2026
in Tech News
0
Retail Industry — Next Big Target for Hackers?
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Artificial intelligence, geopolitical fragmentation and a surge in cyber-enabled fraud are redefining the global cyber risk landscape at unprecedented speed, according to the World Economic Forum’s Global Cybersecurity Outlook 2026.

The World Economic Forum (WEF) report, developed in collaboration with Accenture, highlights that cyber-enabled fraud has become a pervasive threat. This shift underscores the growing societal and economic impact of fraud as it spreads across regions and sectors. The report also showcases how AI is supercharging both offensive and defensive capabilities. Geopolitical fragmentation further compounds these risks, reshaping cybersecurity strategies and widening preparedness gaps across regions.

This year marks the fifth edition of the Global Cybersecurity Outlook series, which has traced a steady evolution from pandemic-driven digitalization to today’s increasingly complex cybersecurity landscape. The new findings point to a cyber landscape undergoing profound structural shifts, where cyber resilience can no longer be approached as a technical function alone but as a strategic requirement that underpins economic stability, national resilience and public trust.

“As cyber risks become more interconnected and consequential, cyber-enabled fraud has emerged as one of the most disruptive forces in the digital economy, undermining trust, distorting markets and directly affecting people’s lives,” said Jeremy Jurgens, Managing Director, World Economic Forum. “The challenge for leaders is no longer just understanding the threat but acting collectively to stay ahead of it. Building meaningful cyber resilience will require coordinated action across governments, businesses and technology providers to protect trust and stability in an increasingly AI-driven world.”

The gap between highly resilient organizations and those falling behind remains stark, with skills shortages and resource constraints amplifying systemic risk. Meanwhile, global supply chains have become more interconnected and opaque, turning third-party dependencies into systemic vulnerabilities. These dynamics are converging at a moment when inequalities in cyber capabilities are widening, leaving smaller organizations and emerging economies disproportionately exposed.

“The weaponization of AI, persistent geopolitical friction and systemic supply chain risks are upending traditional cyber defences. For C-suite leaders, the imperative is clear; they must pivot from traditional cyber protection to cyber defence powered by advanced and agentic AI to be resilient against AI-driven threat actors,” said Paolo Dal Cin, global lead, Accenture Cybersecurity. “True business resilience is built by fusing cyber strategy, operational continuity and foundational trust—enabling organizations to swiftly adapt to the dynamic threat landscape.

The report identifies key factors that shape the evolving cyber landscape of 2026. These include:

  • AI is accelerating cybersecurity risks at unprecedented speed. AI-related vulnerabilities rose faster than any other category in 2025, with 87% of respondents reporting an increase. Data leaks linked to generative AI (34%) and advancing adversarial capabilities (29%) are among the leading concerns for 2026. Meanwhile, 94% of leaders expect AI to be the most consequential force shaping cybersecurity in 2026. Organizations are responding, nearly doubling the share assessing AI security, from 37% to 64%.
  • Geopolitics is redefining the global cybersecurity threat landscape, with 64% of organizations now factoring geopolitically motivated attacks into their risk strategies and 91% of the largest enterprises adjusting their cybersecurity posture accordingly. 31% of respondents expressed low confidence in their country’s ability to manage major cyber incidents. Confidence levels vary widely, from 84% in the Middle East and North Africa to 13% in Latin America and the Caribbean.
  • Cyber-enabled fraud has become a pervasive global threat. A striking 73% of respondents were or knew someone directly affected in 2025 and CEOs now rank fraud and phishing ahead of ransomware as their top concerns.
  • Supply chains remain a major systemic vulnerability. Among large companies, 65% cite third-party and supply chain risks as their greatest cyber resilience barrier, up from 54% last year. Concentration risk is also intensifying, with incidents at major cloud and internet service providers demonstrating how infrastructure-level failures can trigger widespread downstream impacts across interconnected digital ecosystems.
  • Cyber inequity is widening across regions and sectors. Smaller organizations are twice as likely to report insufficient resilience compared to large firms. Regionally, the shortage of cybersecurity talent is most pronounced in Latin America and the Caribbean, with 65% of organizations reporting insufficient skills to achieve their security objectives, while 63% of organizations in sub-Saharan Africa face similar constraints.

“Developments in AI are reshaping multiple domains, including cybersecurity. When deployed responsibly, these technologies can strengthen cyber defences by supporting faster detection and response. But if misused or poorly governed, they can also introduce serious risks, from data leaks to cyberattacks,” said Josephine Teo, Minister for Digital Development and Information and Minister-in-Charge of Cybersecurity & Smart Nation Group, Singapore. “Governments therefore need a forward-looking and collaborative approach to ensure AI enhances cyber resilience while minimizing risks that increasingly transcend borders.” The report calls on leaders across sectors to move beyond isolated efforts and commit to raising the collective baseline by sharing intelligence, aligning standards and investing in the capabilities needed to ensure all organizations can benefit from a more secure and resilient digital environment. The survey draws on insights from 804 global business leaders in 92 countries, including 105 CEOs, 316 chief information security officers and 123 other C-suite executives, including chief technology officers and chief risk officers.  

Tags: AccentureWEFWorld Economic Forum
Share30Tweet19
DigitalCIO Bureau

DigitalCIO Bureau

Recommended For You

Cyera Secures $400M Series F, Hits $9B Valuation

by DigitalCIO Bureau
January 13, 2026
0
Cyera Secures $400M Series F, Hits $9B Valuation

Cyera has announced a $400 million Series F funding round, bringing its total funding to over $1.7 billion. This raise comes just six months after the previous round...

Read moreDetails

Trend Micro Closes Vulnerabilities in Apex Central

by DigitalCIO Bureau
January 9, 2026
0
Financial organizations receive an average of 2200+ application security vulnerability alerts every month: Dynatrace CISO Regional Bank 2023 report

The National Cyber ​​Security Centre (NCSC) is warning of vulnerabilities in Trend Micro Apex Central. These vulnerabilities could potentially cause a Denial-of-Service (DoS) attack. Updates addressing the vulnerability...

Read moreDetails

Aditya Birla Ventures invests in GenAI Company Articul8 AI

by DigitalCIO Bureau
January 9, 2026
0
AMD Acquires Open-Source AI Software Expert Nod.ai

Aditya Birla Ventures has announced its investment in the first tranche of Articul8 AI, Inc.’s oversubscribed Series B financing round. Articul8 AI, an enterprise generative AI (GenAI) software...

Read moreDetails

Snowflake Acquires Observe

by DigitalCIO Bureau
January 9, 2026
0
CRISIL To Acquire Bridge To India Energy

Snowflake has signed a definitive agreement to acquire Observe, a leader in AI-powered observability. With this acquisition, Snowflake will deliver the next generation of AI-powered observability, built on open standards...

Read moreDetails

CrowdStrike Acquires Identity Security Startup SGNL

by DigitalCIO Bureau
January 9, 2026
0
CrowdStrike Launches on Amazon Business

CrowdStrike has signed a definitive agreement to acquire SGNL, a leader in Continuous Identity. This acquisition will accelerate CrowdStrike’s leadership in Next-Gen Identity Security, enabling access for human, non-human (NHI),...

Read moreDetails

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Email Impersonation Attacks Increase by 80%

August 28, 2018

NETGEAR Nighthawk AX12 Tri-Band Wi-Fi 6 Router for Improved Network Capacity

February 17, 2020
Worldwide PC Shipments Increased 0.3% in Fourth Quarter of 2023: Gartner

Worldwide PC Shipments Increased 0.3% in Fourth Quarter of 2023: Gartner

January 12, 2024

Browse by Category

  • Acquisition
  • Appointment
  • Archive
  • Artificial Intelligence
  • CIO Interviews
  • Cloud
  • Datacenter
  • Events and Conferences
  • Market Insights
  • News
  • Opinion and Analysis
  • Products
  • Resources
  • Security
  • Storage
  • Tech News
  • Telecom
Digitalcio

Welcome to DigitalCIO, your ultimate source for staying ahead in the ever-evolving world of technology and business.

BROWSE BY TAG

Acquisition AI Appointment artificial intelligence Artificial Intelligence and Machine Learning AWS Barracuda Big Data and Analytics Blockchain CISCO Cloud Computing Cloudflare Commvault CrowdStrike Cybersecurity Digital Transformation Dynatrace E-books Fortinet Gartner GenAI Generative AI Google Cloud IBM Infographics Internet of Things (IoT) Kaspersky Microsoft New Relic NTT DATA NVIDIA Palo Alto Networks Panel Discussion Qlik Salesforce ServiceNow Sophos Tenable Trend Micro Veeam Veeam Software Vertiv Webinars Whitepaper Zscaler

CATEGORIES

  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
  • Archive

NAVIGATION

  • Home
  • About Us
  • Advertise with Us
  • Contact Us

© 2024 digitalcio.in - All rights reserved.

No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources

© 2024 digitalcio.in - All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?