Cyber Security Tribe's

Annual State of the Industry Report 2024

Cyber Security Tribe’s 2024 Annual State of the Industry Report provides a comprehensive overview of the current landscape of cybersecurity. Informed by insights gained from a survey in January/February 2024 of over 250 cybersecurity professionals, this report focuses on three main areas of cybersecurity: People, Process, and Technology.
 
We asked leading cybersecurity experts, including Cyber Security Tribe’s Advisory Board to weigh in and provide further reflection and insights on the results from the survey. It puts the spotlight on critical areas including CISO Board Support, leadership decisions around recruitment and team concerns, investment priorities for 2024, and AI governance and policies within organizations, shedding light on the prevailing trends and challenges shaping the industry.
 
This report serves as a benchmarking tool when reviewing your priorities and needs for the remainder of 2024 and into 2025.
 

Download the report to discover:

2024 Annual Report Thumbnail Insight

Download Report Here

Report Contributors

Shane Coleman 150x150

Shane Coleman

Chief Data Security Evangelist, Cyera

Herman Brown 100 x 100 - Cyber Security Tribe

Herman Brown

CIO, San Francisco District Attorney’s Office

Mikhail Falkovich - Cyber Security Tribe

Mikhail Falkovich

CISO, Con Edison

Paul Carpenito Cyber Security Tribe 100x100

Paul Carpenito

Head of Information Security, Loews Corporation

Sabino Marquez Cyber Security Tribe

Sabino Marquez

CTrO, Pantheon Platform

Rizwan Jan 100 x 100 Cyber Security Tribe (1)

Rizwan Jan

CIO, CNA

Kapil Bareja 100 x 100 Cyber Security Tribe

Kapil Bareja

Digital And Cyber Risk Governance Leader

Dr. Vivian Lyon 100x100 Cyber Security Tribe

Dr. Vivian Lyon

CISO, Plaza Dynamics

Eric Brohm - Cyber Security Tribe

Eric Brohm

SVP, CISO, Wyndham Hotels & Resorts

Gary R. Hayslip Cyber Security Tribe Advisory Board Member

Gary R. Hayslip

CISO, SoftBank Investment Advisers

Jamal Hartenstein- Cyber Security Tribe

Jamal Hartenstein

Cyber Data Privacy Lawyer, Big 4 Consulting Firm

Andrew Wilder Cyber Security Tribe

Andrew Wilder

Retained CSO, Community Veterinary Partners

Report Summary

The Cyber Security Tribe's 2024 Annual State of the Industry Report offers a thorough examination of the cybersecurity landscape, drawing insights from a comprehensive survey with over 250 cybersecurity professionals responding. Respondents, who were in the majority from North America with a seniority of C-Suite, answered questions on the following subjects:
 

Technology

  • 2024 Investment Priorities
  • Data Security Spotlight
  • AI Governance and Policies 

People

  • CISO Board Support
  • Leadership Decisions: Staff Concerns
  • Leadership Decisions: Recruitment

Process

  • Policy Reviews
  • Security Frameworks
  • Incident Response
Within the report, each of the above subjects reveals key statistics from the industry, as well as  expert analysis provided by leading practitioners giving further insights for our community. 

A Snapshot of the Report Statistics

41%

Cybersecurity leadership will invest in data security in 2024

59%

Anticipate their staff will remain the same in 2024

60%

Organizations that have AI policies in place

41%

Cybersecurity leadership will invest in data security in 2024

59%

Anticipate their staff will remain the same in 2024

60%

Organizations that have AI policies in place

Data Security Investment 2024 (990 x 500 px)
Data Security - Top Investment Priority
The top ranked investment area for 2024

41%

Cybersecurity leadership will invest in data security in 2024

cybersecurity staff will increase in 2024 (990 x 500 px)
Staffing levels to remain the same
Expectations by cyber leaders for recruitment in 2024

59%

Anticipate their staff will remain the same in 2024

ai policy  (990 x 500 px)
Most organizations have AI policies
How to balance regulation with innovation?

60%

Organizations that have AI policies in place

Insight Partner: Cyera

Key insights into the reasons as to why data security was highlighted as the top investment priority for 2024 by senior cybersecurity professionals is provided by our insight partner - Cyera. 

Cyera is the data security company that gives businesses context and control over their most valuable asset: data. As a pioneer in Data Security Posture Management, Cyera instantly provides companies visibility over their sensitive data, context over the risk it represents and their security exposure, and automated remediation to reduce the attack surface and ensure operational resilience. 

cyera logo