This report examines the rapidly evolving cybersecurity landscape, shaped by artificial intelligence, geopolitical tensions and growing digital interdependence. It identifies AI as the most significant driver of change, enhancing both defensive capabilities and the sophistication of cyber threats. Organizations face increasing challenges in balancing innovation with security, as governance and skills struggle to keep pace with technological change. The report also highlights widening “cyber inequity,” where disparities in resources and capabilities expose systemic vulnerabilities across regions and sectors. Geopolitics is emerging as a key factor in cyber risk strategies, with attacks increasingly tied to national interests and critical infrastructure. The report emphasizes that building c

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