Privacy regulations

Ihor Malchenyuk, Head of Customer Solutions at Cossack Labs, spoke at the CYBERSEC FORUM/EXPO 2023 panel “Investments in Cybersecurity in the CEE Region.”

Ihor discussed cybersecurity challenges in the CEE region, such as the growing number of malware and ransomware attacks, the increased focus on users/people and endpoints, the rising cost of data breaches, the expansion of privacy regulations, and cyberwarfare against mission-critical applications and critical infrastructure assets.

The main conclusion—a lot of pressure from a very dynamic threat landscape, lessons learned from current cyber warfare, and legislation to encourage businesses to practise healthy cyber hygiene create a market opportunity for cooperation between governments and businesses to address the challenges.