Top Stories of 2024
Regulatory uncertainty, technological disruption & changing enforcement priorities have created new compliance challenges and opportunities — and that was all before Donald Trump was re-elected
Originally published by Corporate Compliance Insights
Jeff Krull, principal at Baker Tilly
CrowdStrike’s outage quickly demonstrated the severe risk associated with heavily integrating large service providers into an organization’s operations. Organizations are now starting to evaluate their recovery strategies, pinpointing where they have single points of failure.
While organizations may start recognizing and mitigating resiliency and recovery issues, cyber incidents continue to be on the rise with no signs of a slowdown. In 2025, there will inevitably be a massive critical infrastructure outage related to a cyber attack, and companies must prepare for such an event. Stronger security standards and more high-risk attacks will continue propelling cybersecurity into the forefront. As a result, expect cybersecurity to play a larger role in an organization’s overall business posture in 2025.
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