How CISOs and CFOs Collaborate on Cyber Investment
While CISOs should educate CFOs on how technology can aid in organizational goals, CFOs can also explain from their point of view how to effectively manage...
Cyber warfare has become an intense global security issue in the 21st century. Nations, organizations, and sometimes even individuals continuously attempt to wage cyberwarfare against their opponents to gain an advantage over other countries.
While some organizations engage in cyber wars as catalysts for significant conflicts, others at the national level use cyber warfare as a tactic to get the upper hand over rivals.
According to National Cyber Power Index 2022, the 10 most powerful cyber nations are:
1. United States
2. China
3. Russia
4. United Kingdom
5. Australia
6. The Netherlands
7. North Korea
8. Vietnam
9. France
10. Iran
The United States achieved a perfect score of 100 on the Global Cybersecurity Index (GCI) in 2022, placing it at the top of the rankings.
It is notable for its dedication to cyber security and being among the world's top performers in this area. The United States remains unrivaled and does admirably across the board in terms of strength. Connectivity between government, businesses, and schools inside the cyber ecosystem is one reason the United States is so far ahead of the competition.
The growing digitalization of China's sectors has been a driving force in the country's emergence as a cyber-powered nation. Industries have embraced cyber technologies as the country has grown into an economic superpower, and they have not looked back.
While China is ranked lower than the United States as a whole, it has the upper hand when it comes to trade and security. China has tried everything to boost its economic status, including industrial espionage. Chinese government has also gained notoriety for instituting widespread online monitoring of its residents.
Russia has a long history of involvement in cyber warfare and espionage. The country has a large and well-funded military and a large and sophisticated civilian cyber workforce. Russia is believed to be behind many major cyber-attacks against the US and other countries.
In terms of global cyber supremacy, the United Kingdom is a formidable competitor. Cyber defense and offensive are the organization's strong suits. Since 2011, the United Kingdom has created National Cyber Security Strategies to increase its defenses against cybercrime.
Although it does not have the resources of the United States, the United Kingdom is working to improve its cyber defenses by encouraging cooperation between public and private sectors and academic institutions.
Australia is a rising cyber power. In recent years, Australia has invested heavily in building its cyber defenses and improving its offensive capabilities. The Australian government has created initiatives and strategies to enhance its cyber security posture, including creating a new cyber security agency and establishing a $6.8 billion fund to support projects to improve Australia's cyber resilience.
After news of a successful intrusion by the Russian hacking outfit Cozy Bear appeared in 2014, the Netherlands' dominance in cyber offensive capability came into the spotlight. The European country has proven its mettle in cyber espionage by accomplishing a previously thought impossible task. Nowadays, the Netherlands can easily ward off cyberattacks from foreign countries. Compared to other major cyber power nations, its cyber defense capabilities are ranked an impressive second.
North Korea has a reputation as one of the world's most advanced and sophisticated cyber nations. The country has a large and well-funded military and a large and sophisticated civilian cyber workforce. North Korea is believed to be behind many major cyber-attacks against the US and other countries.
Cyber power is a major component of Vietnam's military strategy and is critical to its international relations. According to security experts, however, the country's overall cyber capabilities is still lagging its neighbors such as China, North and South Korea.
France is known for both its technology and its military. The country has a pertinent presence in both civilian and military sectors (just as the United States does). However, France's strong presence in cyber defense is overshadowed by its deficiency in cyber offense. Like other cyber-powered nations, it has yet to maintain a stronghold over the digital world.
Iran has a large and sophisticated cyber workforce and has been linked to major cyber-attacks against the US and other countries. The country has a large and well-funded military and a large and sophisticated civilian cyber workforce.
The United States, China, Russia, United Kingdom, and Australia are the top five nations with the most powerful cyber capabilities in the world. These nations have dedicated resources and efforts to building their cyber capabilities and improving their offensive power. As digitalization continues to increase, it is likely that the importance of cyber power for nations will also continue to grow.