In Spain, cybersecurity is becoming more of a priority among businesses across all industries. One way to quantify these cybersecurity postures is by looking at Spain’s security ratings across all markets. In Spain, Bitsight Security Ratings are on average 119 points below Europe as a whole. The highest performing industry is Real Estate, which has a security rating of 71 security rating points better than the European average. The lowest performing industries are Financial Services and Insurance, which are more than 200 security rating points lower than the average European rating. Given the sensitive data financial services companies possess, this report suggests there is a need for additional investment in cybersecurity and cyber risk management. As companies invest in digital transformation programs, their exposure to risk increases and requires an increased investment in risk management across their organization.

Article Link: https://www.bitsighttech.com/blog/state-of-cyber-risk-in-spain