Strategy& – Nordic Cybersecurity Positioned for Long-Term Growth, Oct

The main theme of the report concerns the long-term growth of cybersecurity in the Nordic countries.

Key findings include: New technological changes such as agent AI, IoT, cloud technologies, and remote work increase the number of potential attack points. AI provides attackers with the ability to quickly scale attacks, such as spreading disinformation. AI also offers opportunities to enhance the efficiency and quality of threat detection, creating an "arms race" between cybercriminals and defenders. Geopolitical tensions increase the number of attacks from hostile states, especially in the Nordic countries, with a focus on hybrid threats, particularly from Russia. There is increasing attention to creating security infrastructure developed in the Nordic countries or Europe, and sovereign solutions. Governments are increasing spending on cybersecurity, as evidenced by the KYHA exercises in Finland and readiness plans in Norway. According to the PwC Trust Insight global survey, 60% of organizations plan to increase investments in cybersecurity in response to current instability.