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Infosecurity Europe 2024: Ransomware and AI threats drive surge in cybersecurity investments

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Infosecurity Europe, the premier information security event, will take place at ExCeL London from 4-6 June 2024. The event has unveiled further insights from its 2024 Cybersecurity Trends, Obstacles and Opportunities report, emphasising the growing concern among cybersecurity leaders regarding ransomware and AI-generated attacks.   Nearly 40% of respondents indicated that these threats are driving increased investment in cyber defences. Rising threats prompt increased cybersecurity investment The latest findings highlight the urgency for organisations to stay ahead of evolving cyber threats. With attacks becoming more frequent, complex, and damaging, businesses are ramping up their resources to bolster defences and enhance resilience. This heightened investment underscores the critical role of cybersecurity in protecting sensitive data, preserving customer trust, and ensuring business continuity. Ransomware: A persistent threat Ransomware remains a significant concern, and this year’s