nightdragon SXSW 2023

SXSW 2023: Why is Cyber Risk Still Rising?

Over the past year, we have seen record levels of investment pour into cyber. In 2021, VCs invested $29.6 billion on new innovations and total spending by security teams globally was $150 billion. These investments have continued in 2022, despite economic declines.

SXSW 2023 cyber risk

However, we continue to be hammered by threats on every front. If anything, these attacks have increased, targeting hospitals, food suppliers, critical infrastructure, individuals, cryptocurrency, and more, costing an estimated $6 trillion in 2021 – a number expected to rise to $10.5 trillion by 2025. So where are we going wrong?

At SXSW 2023, a panel of leading cyber experts addressed this issue head on, including the latest threat trends and where we might be falling short in our protections and what needs to change if we truly want to be safer in our digital world.

Speakers included:

  • Dave DeWalt, Founder and CEO, NightDragon
  • Dave Burg, EY Americas Cybersecurity Leader
  • Katie Jenkins, CISO, Liberty Mutual
  • Eric McAlpine, Managing Director, Momentum Cyber

To view NightDragon’s other upcoming events, visit our Events page.